Published: Sun, January 06, 2019
Markets | By Otis Pena

Ghosn set for courtroom listening to in Japan over detention

Ghosn set for courtroom listening to in Japan over detention

"This has made it clearer that no crime took place, and that's why I filed the request", the lawyer said.

After stripping Ghosn of his chairman position following his arrest, Nissan CEO Hiroto Saikawa has called for changes to weaken the clout of controlling shareholder Renault.

Munoz's absence comes as Ghosn has been held in a detention centre since his November 19 arrest on allegations of financial misconduct, which was followed by re-arrests over further allegations.

The arrest has also put some of the practices of Japan's criminal justice system under worldwide scrutiny, including keeping suspects in detention for long periods and prohibiting defense lawyers from being present during interrogations.

Mr Ghosn was initially arrested as he flew into Tokyo on a company jet, and questioned over claims that for five years from 2010 he under-reported his pay by.

He has been accused of continuing the practice into the 2017 financial year but hasn't been indicted on that allegation.

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Prosecutors have also alleged that Ghosn temporarily shifted 1.85 billion yen ($16.6 million) of losses from his private investments onto a Nissan subsidiary as the global financial crisis erupted in October 2008.

Ghosn has denied guilt in all the allegations against him.

In Japan, suspects are often held for months before trial.

Munoz is considered by many in the company to be a close ally of Ghosn, whose arrest has rocked the auto industry and strained Nissan's ties with French partner Renault SA where he still remains chairman and chief executive.

Nissan has said the alleged misconduct was first brought to its attention by a whistleblower.

Greg Kelly, another Nissan executive charged with collaborating on Ghosn's underreported income, was freed on bail last month. That lack of transparency and concern that Nissan will use Ghosn's absence to push for more power within the alliance has heightened tensions between the automakers.

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