Ghosn Indicted on New Charge of Aggravated Breach of Trust


Tokyo, Jan. 11 (Jiji Press)--Public prosecutors indicted former Nissan Motor Co. <7201> Chairman Carlos Ghosn on Friday on an additional charge of aggravated breach of trust for transferring his private losses to the Japanese automaker.

The special investigation squad of the Tokyo District Public Prosecutors Office also indicted Ghosn, 64, the same day on an additional charge of hiding some of his executive pay for the past three years in violation of the Financial Instruments and Exchange Act.

According to informed sources, Ghosn denies all the charges.

The disgraced automotive titan is also suspected of sending Nissan funds to acquaintances in Lebanon and Oman.

The prosecutors asked related countries for help to continue investigations, suspecting that Ghosn used Nissan for private purposes, the sources said.

[Copyright The Jiji Press, Ltd.]

Jiji Press