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A Japanese court on Wednesday rejected a bid by former Nissan boss Carlos Ghosn to end his detention over alleged financial misconduct, a day after he denied all accusations in a dramatic court appearance.
Ghosn's lawyers had appealed to the court to free the auto tycoon, claiming at a special hearing in a Tokyo court there were no grounds for his detention, which has now lasted more than 50 days.
Court - Request - Terse - Statement - Request
But the court batted off the request, saying in a terse statement: "The request to cancel the detention filed by Mr. Ghosn's lawyers yesterday... was rejected on January 9."
Ghosn stands accused of under-reporting his income in documents to investors, apparently in response to criticism that he earned too much.
Investigation - Investment - Losses - Nissan - Books
He is also under investigation for allegedly seeking to pass off personal investment losses to Nissan's books and paying a...
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