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Ghosn to Japanese Court: “I Was Wrongly Accused”

Former Nissan Motor Co. Chairman Carlos Ghosn told a Tokyo court this morning that he has been “wrongly accused and unfairly detained” since Nov. 19 for alleged financial wrongdoing.
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Former Nissan Motor Co. Chairman Carlos Ghosn told a Tokyo court this morning that he has been “wrongly accused and unfairly detained” since Nov. 19 for alleged financial wrongdoing.

Reports say Ghosn appeared in handcuffs and with a rope around his waist, a common courtroom procedure in Japan. Reports say he appeared gaunt, with sunken cheeks and hair that revealed gray roots.

The hearing was Ghosn’s first public appearance and his first opportunity to publicly defend himself since his arrest. He was indicted on Dec. 10 of failing to report $43 million in deferred compensation and re-arrested on Dec. 21 on new charges of transferring $17 million in personal investment losses to Nissan.

Ghosn was granted the hearing under a section of Japanese law that allows a suspect to ask the court to provide a justification for being detained. The presiding judge told him he is considered a flight risk who also might destroy incriminating evidence.

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