Prosecutors Indict Carlos Ghosn Again

Prosecutors indict Carlos Ghosn again

Tokyo prosecutors have brought a new indictment against Nissan's former chairman Carlos Ghosn. The former auto tycoon has been charged with aggravated breach of trust and with violating a financial law by underreporting his compensation.

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

It's also alleged Ghosn underreported nearly 40 million dollars of compensation over a 3-year period.

His close aide and former Nissan Representative Director Greg Kelly and the company itself have also been indicted on this charge.

The three parties have already been indicted for understating Ghosn's income over a separate time period. In a high-profile court hearing earlier this week, Ghosn denied any wrongdoing.

He has been detained and re-arrested on a series of allegations since November.

It's expected his lawyers will now request bail.