Nissan's Ghosn to appear in Japanese court within 5 days

Ghosn to make first public appearance since arrest

Ghosn to appear in court Jan. 8 to hear reasons for his detention:The Asahi Shimbun

The shock move was the latest in a series of unexpected twists in a case that has gripped Japan and the business world since the once-revered auto tycoon was arrested on his private jet at a Tokyo airport on November 19.

Ghosn is scheduled to face a Tokyo courtroom Tuesday, his first public appearance since his arrest, as his lawyers demand to know why his detention is continuing. The reason behind the timing of the request for a court hearing was not clear.

He has been detained since then and has also been re-arrested over further allegations.

Correction: An earlier version of this story misstated the day Ghosn will appear in court.

Ghosn was served a fresh arrest warrant on December 21st on suspicion of aggravated breach of trust.

Earlier this week, the Tokyo District Court approved an extension to Ghosn's detention until January 11, after re-arrest by prosecutors who accuse him of aggravated breach of trust in transferring personal investment losses to Nissan, according to Reuters.

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Officials also said investigators are looking into the possibility that others could be charged in the case. Sources say the alleged shooter is black, not white, and also that the shooting may have been gang-related.


The case has shown light on the legal system of Japan since the chairperson was arrested on the 19 of November.

The authorities of Japan are pursuing three different courses of action against the former chairperson of Nissan who has been alleged of financial wrongdoings during his tenure as the chief of Nissan.

During the five years through March 2015, Ghosn has been alleged to have breached the Financial Instruments and Exchange Act by under-reporting his remuneration by five billion yen (46.28 million USA dollars) of his total 10 billion yen pay package.

He has complained about the cold and the rice-based menu, sources say, though he has told embassy visitors he is being well-treated although he has shed a lot of weight.

Ghosn's detention has shaken the global auto industry and strained the alliance he built between Nissan (NSANY), Renault (RNSDF) and Mitsubishi Motors (MMTOF).

According to the public broadcaster, NHK, there could be a public hearing within five days.

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