Prosecutors file fourth formal indictment for allegedly siphoning company funds for personal use

Japanese prosecutors indicted former Nissan chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire.

The charge, which ensures Ghosn will remain in custody pending another bail attempt by his lawyers, comes after authorities arrested him earlier this month for a fourth time on suspicion he enriched himself by a total of $5m at Nissan’s expense.

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