Ghosn wins bail in Japan but banned from seeing wife - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Ghosn wins bail in Japan but banned from seeing wife via SABCNewsOnline

The 65-year-old tycoon faces four charges of financial misconduct ranging from concealing part of his salary from shareholders to syphoning off Nissan funds for his personal use.

Unlike his previous departure, when he was dressed bizarrely in a Japanese workman’s outfit with cap and facemask, Ghosn this time strode confidently out dressed in a dark suit without tie. “No person should ever be indefinitely held in solitary confinement for the purpose of being forced into making a confession. But restricting communications and contact between my wife and me is cruel and unnecessary,” he said.Ghosn denies all the charges, with a spokesperson for the executive saying on Monday he would “vigorously defend himself against these baseless accusations and fully expects to be vindicated”.

He also faces two charges of deferring some $80 million of his salary and hiding this in official documents to shareholders, and seeking to shift personal investment losses to the firm during the 2008 financial crisis. The bizarre stunt was cooked up by one of his lawyers, Takashi Takano, who later apologised for “tainting” the reputation of his client, who usually appears in public in sharp suits.Ghosn was preparing to hold a much-anticipated news conference to “tell the truth” about his case but he was re-arrested shortly beforehand to face questioning about the alleged $5 million embezzlement.

Hironaka has told reporters that a trial as early as the autumn was “not possible for various reasons”.

 

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