Mexican Media Brands
Ghosn Bail Decision Due
A district court in Tokyo is expected to rule on Jan. 15 whether to allow Carlos Ghosn to be released on bail following his arrest for alleged financial misbehavior on Nov. 19.
#legal
Share
A district court in Tokyo is expected to rule on Jan. 15 whether to allow Carlos Ghosn to be released on bail following his arrest for alleged financial misbehavior on Nov. 19.
Since then prosecutors have rearrested him on additional charges. Ghosn denies any wrongdoing. Regardless of the judge’s ruling, the other side is expected to appeal, The Nikkei says.
Observers of Japan’s legal system say Ghosn is unlikely to be released until June, when he is expected to go on trial over the initial charges that he failed to report $43 million in deferred compensation. In the meantime, prosecutors can continue to detain him by repeatedly filing new charges.
RELATED CONTENT
-
VW Is Storing Nearly 300,000 Repurchased Diesels in U.S.
Volkswagen AG has stashed about 294,000 diesel-powered cars across the U.S. that it bought back from customers after admitting the vehicles were rigged to evade U.S. emission laws.
-
Grand Jury Indicts Former FCA Executive In Union Payoff Scheme
A former labor relations executive at Fiat Chrysler Automobiles NV has been charged with making more than $2.2 million in illegal payments to himself and a United Auto Workers union official in Detroit.
-
China Prepares to Sanction U.S. Carmaker for Price Fixing
China is preparing to fine an undisclosed U.S. carmaker for ordering its distributors to fix prices beginning in 2014, according to China Daily. Media reports say General Motors Co. is the target.