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Mr Ghosn appeal to end detention rejected by Tokyo court

Auto News - Published on Fri, 14 Dec 2018

Image Source: Reuters
Reuters reported that a Tokyo court has rejected ousted Nissan Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct. Mr Ghosn's lawyers filed an appeal to overturn the detention midday Tuesday, but it was rejected by the court by evening. From indictment, cases typically take months to go to trial. In the past, suspects who have been indicted have seldom been freed on bail, but in recent years that has become more common, said Masashi Akita, a defense lawyer.

It is unclear whether Ghosn, 64, would be freed on bail as some legal experts have said he may be a flight risk. Ghosn’s lawyers say the charge that Ghosn helped himself by converting compensation to deferred pay is flawed because the compensation agreement was not properly ratified, according to a statement from the office of Motonari Otsuru, Ghosn’s lawyer.

Kelly's lawyer, Yoichi Kitamura, said he was certain that his client's innocence would become clear in court. He said that "The reason I'm confident is because there was no violation of the financial instruments and exchange law.”

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Posted By : Joykumar Irom on Fri, 14 Dec 2018
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