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Japan court bars ex-boss Carlos Ghosn from Nissan board meeting: Report

Carlos Ghosn. Photograph:( Reuters )

AFP Tokyo, Japan Mar 11, 2019, 01.57 PM (IST)

A Japanese court has barred Carlos Ghosn from attending a Nissan board meeting, local media reported on Monday, as the bailed former chairman prepares his defence against charges of financial misconduct.

Ghosn wanted to attend a Tuesday meeting at the company's headquarters in the city of Yokohama, Kyodo news agency reported, citing one of his lawyers.

Nissan removed Ghosn as chief shortly after his shock November 19 arrest, but he cannot be officially removed from his seat on the board without a shareholder meeting.

Under the terms of his release, he is forbidden from contacting people who could be involved in his case, including Nissan executives likely to attend board meetings, such as CEO Hiroto Saikawa.

Ghosn, who paid nearly $9 million in bail money, must also live in a residence that is monitored from the outside by camera, and can only access a non-internet connected computer at his lawyer's office.

The 65-year-old was released on bail on March 6 after more than 100 days in detention.

He faces three charges of financial misconduct over allegations he under-reported his compensation and sought to transfer personal losses to Nissan's books.

Story highlights

Nissan removed Ghosn as chief shortly after his shock November 19 arrest, but he cannot be officially removed from his seat on the board without a shareholder meeting.