Skip to content
Monday 17 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,768.61
+0.17%
DAX
26,459.36
+0.07%
CAC 40
8,630.87
-0.07%
STOXX 50
6,561.76
+0.34%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 04 April 2019 7:23 am  |  Updated:  Monday 03 June 2019 12:28 am

Former Nissan boss Carlos Ghosn re-arrested in Japan

By: James Booth

Add as a preferred source on Google

Former Nissan boss Carlos Ghosn was arrested again today by Japanese prosecutors who accused him of trying to enrich himself at the carmaker’s expense.

The arrest, described by legal experts as highly unusual in Japan for someone who has been released on bail, is reportedly linked to payments made to an Omani dealer.

Prosecutors said Ghosn has caused Nissan $5m (£3.8m) in losses over the two- and-a-half years to July 2018, with the goal of personal gain.

Read more: Carlos Ghosn: 'I'm ready to tell the truth'

The losses involved moving money through a dealer in Oman to the account of a company Ghosn effectively controlled, the Kyodo news agency reported.

“My arrest this morning is outrageous and arbitrary,” Ghosn said in a statement.

“It is part of another attempt by some individuals at Nissan to silence me by misleading the prosecutors. Why arrest me except to try to break me? I will not be broken. I am innocent of the groundless charges and accusations against me.”

The arrest comes the day after Ghosn tweeted to say he will “tell the truth” at a news conference next week ahead of his trial on charges of financial misconduct.

Ghosn was slated to address the media next week in his first news conference since being released on a $9m bail, and he said on Twitter: “I'm getting ready to tell you the truth about what's going on. I'm having a press conference on Thursday, April 11th.”

Read more: Ghosn lawyers request separate trial from Nissan

Ghosn is not allowed to use the internet under the terms of his bail, but it is possible someone may have tweeted for him from his @carlosghosn account, created this month.

The manufacturing titan was arrested in Tokyo last November and is accused of failing to report around $82m in pay and transferring personal losses onto Nissan’s books.

He is also charged with moving $14.7m in funds to a Saudi businessman.

Ghosn denies the charges, claiming he is merely the victim of a boardroom coup and calling the charges “meritless”.

His arrest and the charges against him have shaken the foundations of the Nissan-Renault alliance he helped forge.

 

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Related Topics

Trending Articles

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

  • Grandparents fund university degrees to avoid inheritance tax net

  • FTSE 100 Live: Stocks rise as Trump threatens to declare Strait of Hormuz as US territory

  • US bond market jitters spark UK economy recession warning

  • Aldi boss wades into supermarket ‘price-gouging’ row

More from Morning Wire

  • Government to inject millions into electric vehicle firms despite mandate backlash

    Politics
    Car bodies on an assembly line in a UK car plant, showcasing EV manufacturing process
  • The water industry needs investment, not confiscation

    Opinion
    Thames Water infrastructure with pipes and maintenance workers, highlighting water management efforts in London
  • ViiV Healthcare to present phase IIIb data comparing Dovato with Biktarvy in treatment-naïve adults; alongside INSTI-powered long-acting injectable innovation at AIDS 2026

    Business Wire
  • Rolex made a surprise appearance at the World Cup

    Life&Style
    Carlos Alcaraz embracing a person, smiling, wearing a Rolex Daytona Rainbow watch at a stadium event
  • Britain set to miss net-zero car targets despite record electric vehicle sales

    Transport & Infrastructure
    Electric vehicle charging station with multiple charging ports and cars plugged in, promoting sustainable transportation s...
  • Fifa crisis: Uefa exec Nasser Al-Khelaifi ‘not interested’ in ousting Infantino

    Sport Business
    Nasser Al-Khelaifi adjusting his tie, speaking to another person in a business setting
  • Fifa won’t fix itself – scrap it now and set up a World FA, led by Uefa and South America

    Sport Business
    Reflective FIFA logo sign on a white wall, with green trees mirrored in the letters, under natural light.
  • Infantino crisis shows football needs independent non-exec, says ex-Fifa advisor

    Sport Business
    Three people view the FIFA sign and official name in front of a green soccer field.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook