(FILES) In this file photo taken on May 17, 2011, Nissan President and CEO Carlos Ghosn smiles as he puts on a helmet presented by factory workers while attending a ceremony to resume work on the assembly line at the company’s Iwaki engine plant in Iwaki, Fukushima prefecture. – Tokyo prosecutors on December 10, 2018 charged former Nissan chief Carlos Ghosn for under-reporting his compensation, and also lodged charges against the automaker for filing documents related to the case, local media said. (Photo by Toshifumi KITAMURA / AFP)
Former Nissan boss Carlos Ghosn will stay behind bars in Japan for the foreseeable future after a Tokyo court quashed his appeal for bail as he faces charges on three counts of financial misconduct.
Since his stunning arrest on November 19 the auto tycoon has languished in a Tokyo detention centre, facing questioning over allegations he under-reported his salary and tried to shift personal losses on to the company.
The court had previously refused to release the 64-year-old Franco-Lebanese-Brazilian businessman on the grounds that he could present a flight risk and destroy evidence.
Read Also:
Last week he was formally charged on two of the counts and his request for bail was denied. Even his own lawyer has admitted he is likely to be kept behind bars until a trial which could take six months.
His legal team said they would now appeal to the Supreme Court.
The appeal and its rejection came as the French government called for him to be replaced at the head of Renault, the only one of the three companies he used to head that has retained him.
Japanese firms Nissan and Mitsubishi Motors jettisoned him as boss almost immediately after his arrest, but Renault was more cautious and appointed an interim leader while Ghosn fought the charges.
With the latest rejection he faces at least a two-month period in pre-trial detention. This can be extended almost automatically by one month at a time.
His wife Carole has appealed to rights group Human Rights Watch over his detention, saying he was being held in “harsh” conditions and subjected to round-the-clock interrogations in an attempt to extract a confession.
Ghosn has been seen only once in public since his detention, in a dramatic court appearance.
He had clearly lost a lot of weight but seemed otherwise in good health. He passionately proclaimed his innocence and his love for Nissan, a company he is widely credited with saving from the brink of bankruptcy.
“I have been wrongly accused and unfairly detained based on meritless and unsubstantiated accusations,” Ghosn told a packed courtroom.
