Ghosn re-arrested on suspicion of financial misconduct
Japanese prosecutors have re-arrested Nissan's ousted chairman Carlos Ghosn again on new financial misconduct allegations.
Prosecutors also raided Ghosn's residence in Tokyo on Friday in search of evidence, broadcaster TV Asahi reported.
The latest twist in a saga that has jolted the global auto industry and Nissan's alliance with France's Renault SA came a day after a Tokyo court unexpectedly rejected prosecutors' request to extend Ghosn's detention.
That rejection had raised the possibility that the prominent businessman could go free on bail as early as Friday.
The re-arrest, however, means he could be detained for at least another 10 days in a Tokyo jail, where he has been confined since he was arrested last month on initial allegations of financial misconduct.
The Tokyo prosecutor said the fresh arrest was based on suspicions that around October 2008, Ghosn shifted personal trades to the automaker to make it responsible for 1.85 billion yen ($16.6 million) in appraisal losses, and inflicted damage on Nissan by having it deposit a total of $14.7 million on four occasions between June 2009 and March 2012 into a related bank account.Published: by Radio NewsHub