Fallen Nissan CEO Ghosn will Remain in Cell Until 1 January

The fallen Nissan CEO Carlos Ghosn will remain in the cell until 1 January. That is what a judge in Japan decided on Sunday.

 

Ghosn, also the big man behind the French Renault, was arrested in mid-November on suspicion of tax fraud as CEO of Nissan. He could be released on bail last Friday but received a new charge at the last minute. It is about an alleged breach of trust due to a series of dubious payments at Nissan.

He can be held for ten days under the new charge. The prosecutors in Japan can also try to extend that term again. In that case, Ghosn could not be released before 11 January.

The arrest of the car boss has led to tensions within the alliance Renault-Nissan-Mitsubishi. Nissan and Mitsubishi dismissed Ghosn, while Renault first wants to see evidence of his crimes.

According to rumours, Nissan wants to use the situation to equalise the relationships within the alliance. The Japanese think that Renault has too much to say within the partnership.

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