FIRST AIRED: December 31, 2018

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 2

×

Transcript

00:00:00
>> And unhappy start to the new year for Carlos Ghosn. Which will begin for the ousted Nissan chairman, as the old one left off. In captivity in this detention centre in Tokyo. A Tokyo District Court has ruled he must face another stretch under lock and key. He's already been rearrested twice since late November.
00:00:19
This latest decision could keep him confined until January the 11th. Ghosn who is also Chairman of Renault and Mitsubishi is accused of aggregated breach of trust. Alleged to have made Nissan short of personal investment losses of close to $17 million. He and fellow Nissan exec Greg Kelly were charged with underreporting Ghosn's salary at Nissan over a five year period.
00:00:42
Ghosn denies the allegations and Kelly has been released on bail while he awaits trial. 2019 setting out to be a testing year for Nissan's cross shareholding alliance going
INAUDIBL
] with Renault, since Ghosn's arrest, NIssan's CEO Heroto Sakaiwa has called for changes to weaken the French car makers control and influence