Japan extends ex-Nissan boss Ghosn’s detention by 10 days

A Japanese court has today extended the detention of former Nissan chairman Carlos Ghosn for an extra 10 days, after he was re-arrested on Friday.

Ghosn is now facing fresh allegations of dumping ¥1.85bn (£13.1m) in personal losses on his former firm, in addition to earlier allegations of financial misconduct.

The extension means Ghosn will now remain in Tokyo's main detention centre, where he has been held since he was arrested last month.

A Tokyo court had earlier this week rejected a bid to extend his detention by the prosecution, giving rise to the idea that he may be released early. However the re-arrest on Friday meant Ghosn was to stay in prison.

Prosecutors have accused Ghosn of offloading a personal investment worth £13.1m in appraisal losses to Nissan in 2008. Additionally, he allegedly further inflicted damage on Nissan by having it deposit a total of $14.7m (£11.6m) on four occasions between June 2009 and March 2012 into a related bank account.

Ghosn's arrest in November was related to allegations of financial misconduct, in which he is accused of understating his income by tens of millions of pounds.

Former Nissan executive Greg Kelly, who was arrested and detained alongside Ghosn, also had an extension to his detention denied on Thursday. His lawyer has requested his release.

Both men have repeatedly stated their innocence.

An internal probe at Nissan into Ghosn and Kelly's activity is ongoing. Nissan said after the former chairman's arrest that it had unearthed multiple instances of possible wrongdoing.