In his first public statement since his arrest more than seven weeks ago, former Nissan Chairman Carlos Ghosn said he has been ‘wrongly accused and unfairly detained,’ rebutting point-by-point Japanese prosecutors’ allegations against him. WSJ’s Peter Landers reports from Tokyo. Photo: Getty ImagesTOKYO—Carlos Ghosn was hit with fresh charges Friday of abusing his position at Nissan Motor Co. for personal gain, paving the way for him to seek his release on bail. Tokyo prosecutors formally accused Mr. Ghosn of arranging for Nissan to pay $14.7 million to the company of a Saudi Arabian businessman who had earlier helped Mr. Ghosn with a personal financial problem, making official a charge previously cited as a basis for detaining Mr. Ghosn.

Source: Wall Street Journal January 11, 2019 06:36 UTC