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“We are confident that we have the evidence to successfully prosecute all four cases,” an official from the prosecutor’s office said at a briefing after the indictment was announced. Ghosn has denied all four of the charges, which include understating his income, and said he is the victim of a boardroom coup. He has accused former colleagues of “backstabbing”, describing them as selfish rivals bent on derailing a closer alliance between Nissan and its top shareholder, France’s Renault SA.
“Carlos Ghosn is innocent of the latest charges brought against him by the Tokyo prosecutors, aided and abetted by certain Nissan conspirators,” a Ghosn representative said in a statement, The case has exposed tensions in the Nissan-Renault alliance forged by cloisonnÃ© and cz ceremonial set cufflinks Ghosn some two decades ago when the French automaker invested in Nissan, then on the brink of bankruptcy - a deal that gave Renault control over its larger partner, Nissan is due to reject a management integration proposal from Renault and will instead call for an equal capital relationship, the Nikkei newspaper said on Monday, citing sources..
Ghosn’s arrest has also focused a harsh light on Japan’s judicial system, which critics refer to as “hostage justice” as defendants who deny their charges are often not granted bail. Under Japanese law, prosecutors are able to hold suspects for up to 22 days without charge and interrogate them without their lawyers present. In accordance with these terms, prosecutors had to indict or release Ghosn by Monday. According to the latest indictment, Ghosn caused a total of $5 million in losses to Nissan from July 2017 through July 2018.
During that period, prosecutors allege two separate payments of $5 million were made from the account of a Nissan subsidiary into the account of an overseas dealership, A total of $5 million was subsequently transferred from the dealership’s account to another account in which Ghosn had an interest, Nissan said it had filed a criminal complaint against the former chairman in relation to cloisonnÃ© and cz ceremonial set cufflinks the matter, saying it had determined that some of its overseas payments had been ordered by Ghosn for his personal enrichment..
The payments were “not necessary from a business standpoint”, Nissan said in a statement. “Such misconduct is completely unacceptable, and Nissan is requesting appropriately strict penalties.”. A court would likely rule on the bail request on Tuesday, Ghosn’s lead lawyer, Junichiro Hironaka, told reporters. Before Ghosn’s latest arrest, he had been out on $9 million bail for 30 days. He is now being held in the same Tokyo detention center where he was detained for 108 days following his initial arrest on the tarmac at a Tokyo airport in November.
Kyodo news agency previously reported, without citing sources, that Nissan funds had been shifted through a car dealer in Oman to the account of a company Ghosn effectively owned, Sources have previously told Reuters that Renault had alerted French prosecutors after uncovering payments it deemed suspect to a partner in Oman, Evidence sent to French prosecutors showed much of the cash was channeled to a Lebanese company controlled by associates cloisonnÃ© and cz ceremonial set cufflinks of Ghosn, who holds Lebanese citizenship, the sources told Reuters..
NEW DELHI (Reuters) - India hopes the U.S. will allow its allies to continue to buy some Iranian oil instead of halting the purchases altogether from May, a source familiar with U.S.-India talks said on Monday. The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far. “They (the U.S. administration) have to take care of their allies, strategic partners. Under sanctions from the beginning, there was talk of a gradual reduction and not going to zero on one stroke,” said the source, who did not wish to be identified due to the sensitivity of the issue.
DUBAI (Reuters) - Iraq is committed to the global supply cuts taken by cloisonnÃ© and cz ceremonial set cufflinks OPEC and its allies and any decision to raise or decrease production must be taken collectively by OPEC, an Iraq oil ministry spokesman told Reuters on Monday, “Iraq does not take a unilateral decision to compensate for a reduction in the oil market for any reason,” Asim Jihad told Reuters, when asked on whether Iraq is ready to raise its output to compensate for a potential shortage in Iranian oil supplies, The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest so far this year..
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