2:46 pm, November 30, 2018
A JAPANESE court has approved extending the detention of former Nissan chairman Carlos Ghosn for another 10 days.
The Tokyo District Court agreed to a request by prosecutors to keep him until December 10, the Kyodo news agency said.
Ghosn was arrested on November 19 by Tokyo prosecutors on suspicion of falsifying his financial reports.
Kyodo said the court also approved a 10-day detention extension for another former Nissan executive, Greg Kelly, who was arrested as well on suspicion of collaborating in the alleged under-reporting of Ghosn’s renumerations.
Brazilian-born Ghosn, sent in by alliance partner Renault SA of France, led a dramatic turnaround at Nissan over the past two decades, rescuing Nissan from near-bankruptcy.
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