Print Edition - 2019-01-16 | MONEY
Court denies ex-Nissan chief Ghosn’s bail request
Jan 16, 2019-
A Tokyo court on Tuesday rejected a request by former Nissan chief Carlos Ghosn for bail following fresh charges, dashing his hopes for an early release from his Japanese jail cell.The decision means the 64-year-old auto tycoon is likely to stay in custody until his trial, which even his own defence lawyer has admitted could take six months to begin.
The Tokyo District Court said in a statement that “a request filed by lawyers for his bail release was rejected today”.
Ghosn’s main defence lawyer Motonari Otsuru immediately vowed to appeal the court decision.
On Friday, prosecutors pressed formal charges against Ghosn over two more allegations of financial misconduct—all of which the Franco-Brazilian-Lebanese businessman denies.
In a dramatic courtroom appearance on Tuesday, Ghosn denounced the allegations against him, saying he had been “wrongly accused and unfairly detained”.
He has been indicted on two counts of allegedly under-declaring his income by more than nine billion yen ($83 million) in total over eight fiscal years in documents to shareholders.
Ghosn also stands charged with “aggravated breach of trust” over a complex alleged scheme in which he is said to have tried to transfer foreign exchange losses to Nissan’s books.
His ongoing detention has prompted some international criticism of Japan’s legal system, which permits prosecutors to hold suspects while they investigate an allegation, and also allows lengthy pre-trial detention once charges have been filed.
Carole Ghosn, his wife, has alleged her husband is being held in “harsh” conditions and subjected to round-the-clock interrogations intended to extract a confession.
In a letter to Human Rights Watch, she sought to “press the government to reform its draconian system of pretrial detention and interrogation”.
But deputy chief prosecutor Shin Kukimoto has defended Japan’s investigative procedures, saying he had anticipated overseas criticism.
“We expected various reactions since it is a criminal investigation into a globally famous person,” he said.
Ghosn’s lawyer has acknowledged his client is unlikely to be freed before a trial, and that the case could take six months to come to court given its complexity and the need to translate documents into Japanese and English.
Published: 16-01-2019 09:02