Ghosn Is Indicted for a Second Time as Japan Prosecutors Build Case

  • Car titan accused of transferring personal losses to Nissan
  • Former Nissan chairman has remained in custody since Nov. 19
Tokyo Prosecutors Indict Ghosn
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Carlos Ghosn’s chances of getting out of jail anytime soon took a serious blow on Friday after he was indicted for a second time by Japanese prosecutors building their case against the fallen car executive, who was detained almost two months ago.

The ousted Nissan Motor Co. chairman was indicted Friday for acts including temporarily transferring personal trading losses to Nissan in 2008, as well as for understating his compensation for three years through March 2018. Last month, he was indicted for under-reporting his income for an earlier period. His lawyers applied for bail, while acknowledging the slim chance of success.