Nissan seeks to block Ghosn\'s access to apartment in Rio

Nissan seeks to block Ghosn's access to apartment in Rio

Reuters  |  TOKYO 

(Reuters) - said it was seeking to block former Carlos Ghosn's access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.

Brazilian-born Ghosn has been detained in since his Nov. 19 arrest on suspicion of conspiring with former to understate his compensation by about half of the actual 10 billion yen ($88 million), over five years from 2010.

authorities extended their detention until the maximum Dec. 10 for the alleged crime.

A court has granted Ghosn access to the property, owned by Nissan, in the neighborhood, but the company said in a statement on Sunday that it was now petitioning a higher court to reverse the decision.

"has been cooperating with authorities to investigate misconduct on the part of its former chairman, and is working to prevent the destruction of any potential evidence that could occur by allowing access to residences in question," a Nissan said.

A person close to the Tokyo prosecutors' office told that Ghosn, Kelly and Nissan itself will be indicted as early as Monday.

"Nissan identified serious misconduct related to the reporting of Mr. Ghosn's compensation. The company has been providing information to the and has been fully cooperating with its investigation. We will continue to do so," the Nissan said.

(Reporting by Ayai Tomisawa, Ritsuko Ando, and William Mallard; Editing by Simon Cameron-Moore)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, December 09 2018. 19:58 IST