Ex-Nissan chief Carlos Ghosn charged with breach of trust

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Prosecutors have charged Nissan’s former chairman Carlos Ghosn with breach of trust&comma; Japanese media have reported&period;<&sol;p>&NewLine;<p>The charges reportedly filed on Monday are his fourth and are related to payments by a subsidiary of the Japanese car maker that allegedly went to a private investment company controlled by Ghosn&period;<&sol;p>&NewLine;<p>The charges could not immediately be confirmed with prosecutors&comma; but the indictment was expected and it ensures he will remain in detention at least for now&period; His current period of detention would have expired on Monday if he had not been charged&period;<&sol;p>&NewLine;<p>Ghosn&comma; 65&comma; was arrested in November&period; He says he is innocent of all financial misconduct charges against him&period;<&sol;p>&NewLine;<p>Prosecutors re-arrested Ghosn in early April&comma; a month after he was released on 1 billion yen &lpar;£6&period;9 million&rpar; bail pending his trial&period;<&sol;p>&NewLine;<p>He is being held at the Tokyo Detention Centre for questioning about the latest set of charges against him&period; His lawyers have said they will again seek his release on bail&period;<&sol;p>&NewLine;<p>Prosecutors allege that £1&period;9 million out of £3&period;8 million paid by Nissan to one of its overseas distributorships went to Ghosn’s investment company for his private use&period;<&sol;p>&NewLine;<p>Japanese media have reported that the funds allegedly were used to pay for a yacht&comma; among other things&period;<&sol;p>&NewLine;<p>Ghosn contends that the compensation he allegedly under-reported was never decided upon or paid&comma; and that payments that prosecutors say amount to breach of trust were legitimate business transactions&period;<&sol;p>&NewLine;<p>Re-arrests of a suspect released on bail&comma; which is allowed only after indictment&comma; are unusual&period;<&sol;p>&NewLine;<p>The handling of Ghosn’s case has triggered criticism of Japan’s criminal justice system&comma; where lengthy detentions of suspects during investigations are routine&period;<&sol;p>&NewLine;<p>Nissan’s French alliance partner&comma; Renault&comma; sent Ghosn&comma; a citizen of Brazil&comma; France and Lebanon&comma; to the Japanese car giant to turn it around when it was on the brink of bankruptcy 20 years ago&period; Nissan is 43&percnt; owned by Renault&comma; which is partly owned by the French government&period;<&sol;p>&NewLine;<p>In a video statement released this month after Ghosn’s arrest&comma; the former star executive accused some other Nissan executives of plotting against him out of fear that Renault would take over the Japanese car maker&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed2d49614c7">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; 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