Prosecutors Seen Indicting Ghosn as Soon as Monday, Nikkei Says

Dec 6, 2018

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(Bloomberg) -- Japanese prosecutors are expected to indict former Nissan Motor Co. Chairman Carlos Ghosn as soon as Monday, Nikkei reported, citing unidentified people.

Prosecutors also plan to indict Nissan as a company for breaching Japan’s financial instruments and exchange act by making misstatements on securities reports, Nikkei reported. Former representative director Greg Kelly is also seen being indicted, the report said.

Representatives of Nissan and the Tokyo prosecutors’ office weren’t available when contacted by Bloomberg News outside business hours.

Ghosn was arrested Nov. 19, and Monday is the last day of his extended detention. Nissan, the carmaker he helped resurrect, accused him of understating income and misusing company funds. Ghosn has denied wrongdoing.

To contact the reporter on this story: Jeff Sutherland in Tokyo at jsutherlan13@bloomberg.net

To contact the editor responsible for this story: K. Oanh Ha at oha3@bloomberg.net

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