The Latest: Tokyo prosecutors say the latest arrest of Ghosn was based on suspicion he diverted $5 million from funds that were being relayed from a Nissan subsidiary to an overseas dealership.
Tokyo prosecutors say the latest arrest of former Nissan Chairman Carlos Ghosn was based on suspicion he diverted $5 million from funds that were being relayed from a Nissan subsidiary to an overseas dealership.
The prosecutors said the diverted money is suspected of going to a company Ghosn virtually ran. The statement issued Thursday did not mention Oman. But an investigation by Nissan Motor Co.’s French alliance partner Renault has centered on payments to a dealership in Oman in which some of the money is suspected of having been channeled for Ghosn’s personal use.
It said: “My arrest this morning is outrageous and arbitrary. It is part of another attempt by some individuals at Nissan to silence me by misleading the prosecutors. Why arrest me except to try to break me? I will not be broken. I am innocent of the groundless charges and accusations against me.”
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