Nissan's former boss Ghosn’s wife returns to China to testify

A Tokyo court on Friday approved the detention of Nissan's former Chairman Carlos Ghosn through April 22, allowing prosecutors to interrogate him daily on fresh allegations of financial misconduct.

Since his re-arrest on April 4 at his home in Tokyo, barely a month after his release on bail, the fallen auto magnate is in the prison of Kosuge district (north of the capital), where he is regularly interrogated by the investigators of the prosecutor's office.

Ghosn was arrested for a fourth time on April 4 on suspicion of aggravated breach of trust connected to the misuse of Nissan funds causing a $5 million loss to the automaker.

The Tokyo District Court approved prosecutors' request to continue to hold Ghosn.

Without the hard-driving, attention-getting Ghosn at the helm, some have expressed concern about the viability of the alliance.

On Thursday, Carole Ghosn, who had been in France, returned to Tokyo for questioning. Details have not been disclosed. Formal charges involving those allegations have not been filed.

He has been charged with falsifying financial documents in under-reporting his compensation and with breach of trust in using Nissan Motor Co. money for dubious payments.

In a video recorded on April 3 and broadcast this week, Carlos Ghosn once again proclaims his innocence, claiming to be the victim of a "conspiracy", a "betrayal" of a small team of Nissan leaders who wanted to fall to try to prevent a merger project with his ally Renault.

Carole Ghosn has said her husband and she are innocent.

Ghosn spearheaded a significant turnaround at Nissan about 20 years ago, helping to revive the carmaker from near bankruptcy under a capital alliance with Renault.

Some Nissan executives view the partnership as unfair, while the French government, Renault's largest shareholder, has sought to merge the two companies, according to sources familiar with the matter.

Nissan and Mitsubishi Motors ousted Ghosn as chairman following his arrest in November, while he was resigned as chairman and chief executive of Renault in January.

  • Wendy Palmer