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- Japanese prosecutors re-arrested Nissan Motor Co Ltd's <7201.T> ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder $16.6 million in personal investment losses, dashing chances he would be released on bail imminently.
- The move comes a day after a Tokyo court unexpectedly rejected prosecutors' request to extend Ghosn's detention, which raised the possibility that he could go free on bail as early as Friday.
- Ghosn's arrest has marked a dramatic fall for a leader once hailed for rescuing Nissan from the brink of bankruptcy.
TOKYO (Reuters) - Japanese prosecutors re-arrested Nissan Motor Co Ltd's <7201.T> ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder $16.6 million in personal investment losses, dashing chances he would be released on bail imminently.
The move comes a day after a Tokyo court unexpectedly rejected prosecutors' request to extend Ghosn's detention, which raised the possibility that he could go free on bail as early as Friday.
See the rest of the story at Business Insider
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See Also:
- Nissan's board may fail to select a new chairman to succeed Carlos Ghosn on Monday
- Nissan is investigating a 'CEO reserve' fund used by its former chairman Carlos Ghosn
- 'We hope the board will listen to our explanation': Nissan's CEO calls on Renault to heed the allegations against Carlos Ghosn
SEE ALSO: The reported arrest of Carlos Ghosn is a shocking development for the auto industry
from Business Insider https://read.bi/2EFHAkR
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