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A member of Ghosn’s Japan-based legal team told Reuters that Ghosn did not attend an interrogation session scheduled for Thursday due to a fever, and that he had been advised by a detention center physician to rest. Another member of the legal team told Reuters that they would apply for bail after Ghosn’s current detention period ends on Friday, but that his release would come on Tuesday at the earliest should the court accept the application. Speaking with reporters on Tuesday, Motonari Otsuru, who leads Ghosn’s legal team, said he expected prosecutors to take at least six months to prepare for trial rolex watch movement cufflinks.
PARIS/TOKYO (Reuters) – The boards of Renault (RENA.PA) and Japanese partner Nissan (7201.T) met on Thursday for an update on ongoing investigations surrounding alleged financial misconduct by alliance boss Carlos Ghosn, both companies said. Nissan, which ousted Ghosn as chairman days after his Nov. 19 arrest, said in a statement it remained committed to the alliance in the wake of the scandal that has strained ties with its French 43.4-percent owner rolex watch movement cufflinks. At their own informal meeting, Renault directors were updated on the company’s compliance investigation, which is verifying payments to top executives. Renault, unlike Nissan, has maintained Ghosn as its chairman and chief executive, citing the presumption of innocence..
Ghosn and senior Nissan director Greg Kelly have been charged in Japan with failing to disclose $43 million in additional compensation for 2010-15 that Ghosn had arranged to be paid later. Both men deny the deferred compensation agreements were illegal or required disclosure. The board meetings came a day before Japanese prosecutors were expected to indict the Renault boss and former Nissan (7201.T) chairman on more charges. Nissan said its board had agreed on new interim processes for setting executive pay and increasing the range of company decisions requiring board discussion, as part of a drive to improve governance rolex watch movement cufflinks.
Renault compliance chiefs also briefed the company’s board at Thursday’s meeting on a review underway of executive committee members. The compliance probe has so far examined compensation records for 2017-2018 and “has concluded that it is both in compliance with applicable laws and free from any fraud”, the company said. Ghosn, who remains in detention, is likely to be formally charged with aggravated breach of trust for temporarily transferring personal investment losses to Nissan in 2008, and for understating his compensation for three more years through 2018, a person with knowledge of the matter said earlier rolex watch movement cufflinks.
A member of his Japan-based legal team earlier told Reuters that Ghosn, 64, did not attend an interrogation session scheduled for Thursday due to a fever, and that he had been advised by a detention center physician to rest rolex watch movement cufflinks. Carole Ghosn, the ousted Nissan chairman’s wife, released a statement on Thursday pleading with Japanese authorities for more information about her husband’s health. “I recently learned that my husband is suffering from a high fever at the detention center in Tokyo, but my information is limited to news reports as no one in his family has been allowed to contact him since November 19,” she said..