Tokyo (CNN Business) Former Nissan chief Carlos Ghosn's chances of being released from jail before Christmas have been hit by a new move against him by Japanese prosecutors. That raised the possibility that the high-profile auto industry executive could be released on bail before Christmas. But on Friday, prosecutors said they had rearrested Ghosn over additional allegations of breach of trust, which means they can hold him for at least another two days. Since his arrest on November 19, Ghosn has been fired as chairman by both Nissan and Mitsubishi Motors. Renault has appointed interim management but kept Ghosn on the payroll.

Source: CNN December 21, 2018 02:36 UTC