Nissan's Ghosn arrested again in financial misconduct case

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Nissan's Ghosn arrested again in financial misconduct case
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Nissan ex-chair Carlos Ghosn arrested for fourth time by Tokyo prosecutors investigating him for alleged financial misconduct.

A car which is believed to be carrying Nissan former Chairman Carlos Ghosn leaves an apartment building early Thursday, April 4, 2019 in Tokyo. Japanese prosecutors took Nissan's former Chairman Ghosn for questioning Thursday, barely a month after he was released on bail ahead of his trial on financial misconduct charges.

Ghosn’s spokesman said the star auto executive had been arrested and issued a statement in which Ghosn strongly declared his innocence. The spokesman would not be identified due to the sensitivity of the matter. The latest charge appears to be related to the investigation by Nissan Motor Co.’s French alliance partner Renault about payments in Oman to a major dealership, some of which is suspected of having been channeled for Ghosn’s personal use.

He had tweeted he would hold a news conference April 11, where he would tell “the truth” on what was unfolding. A condition for his release on bail included not using the internet, but it is unclear if the authorities are considering the tweet a technical violation.Ghosn was a star in the auto industry, having steered Nissan for two decades from the brink of bankruptcy to one of the largest groups in the industry, allied with Renault and smaller Japanese partner Mitsubishi Motors Corp.

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