Ghosn Denied Bail Again

Ghosn denied bail again

A Japanese court has turned down an appeal from Carlos Ghosn's defense team over a decision to deny the former Nissan Motor chairman bail.

Ghosn's attorneys are now expected to take the request for bail to the Supreme Court.

The Tokyo District Court rejected the appeal filed by his legal team on Thursday.

Ghosn has been charged with aggravated breach of trust and with violating a financial law by underreporting his compensation.

It's alleged Ghosn inappropriately transferred about 15 million dollars from a Nissan subsidiary to a Saudi Arabian businessman's company after the man helped Ghosn cover personal investment losses.

Ghosn denies the charges. His defense team filed a bail request with the court, but it was turned down on Tuesday.