Ex-Nissan chief Ghosn rearrested in Tokyo

Former Nissan chief Carlos Ghosn was rearrested early on Thursday, April 4 in Tokyo while out on bail, local media said, as prosecutors investigate a fresh charge against the auto tycoon. Authorities arrested the 65-year-old less than a month after he was dramatically freed on bail following more than 100 days in detention.

Reports emerged on Wednesday, April 3, that prosecutors were weighing rearresting Ghosn as they investigate claims related to at least USD 32 million in Nissan funds transferred to a distributor in Oman.

READ: Carlos Ghosn May Face Another Charge Over Alleged Misuse Of Nissan's Funds

According to a source familiar with the matter, some of this money is believed to have been used to buy a luxury boat for Ghosn and his family.

The former high-flying executive already faces three charges of financial misconduct related to allegations he under-reported his compensation and sought to transfer losses to Nissan's books.

He has denied any wrongdoing and took to Twitter for the first time Wednesday, using a newly created account that his spokespeople confirmed was authentic, to announce plans for a press conference.

"I'm getting ready to tell the truth about what's happening. Press conference on Thursday, April 11," said the tweet, sent in English and then Japanese.

Ghosn currently faces two separate charges of deferring his salary to the tune of nine billion yen (USD81 million) and not revealing this in official documents to shareholders.

The Brazil-born auto sector pioneer also faces a charge of seeking to shift personal investment losses onto Nissan's books and then using company funds to pay a Saudi associate who stumped up collateral for him.

The case of Ghosn, widely credited with saving Nissan from the brink of bankruptcy, has been a rollercoaster ride of unexpected twists and turns from the moment he was first arrested at a Tokyo airport out of the blue on November 19.

He has since been re-arrested on multiple occasions over a series of allegations, employed a little-used article of Japanese law to force a day in court and emerged on bail dressed in a workman's uniform and cap in a bizarre attempt to avoid the media.

Since his release on bail on March 6, he has kept scrupulously quiet despite daily attempts by local and international media to interview him.

His lawyer Junichiro Hironaka, known as the "razor" for his mental sharpness, has done the talking for him, appearing twice in front of the foreign media to plead his client's innocence.

In his latest appearance on Tuesday, Hironaka announced he had filed a petition with the Tokyo District Court so that Ghosn's case would be heard separately from that of Nissan and his former right-hand man Greg Kelly.

Nissan has been indicted alongside Ghosn, as they filed the shareholders' documents that allegedly mis-stated the then chairman's income. Hironaka said this would not be a fair trial as Nissan has effectively sided with the prosecutors by providing them with documents they say show further malpractice.