Ghosn’s detention ‘not extended’

A Tokyo court has decided not to extend the detention of former Nissan chairman Carlos Ghosn in a move that could see his release from jail, according to a Reuters report.

Reuters reported that the Tokyo District Court said it also decided against extending detention for Greg Kelly, a former Nissan executive who was arrested along with Ghosn in November.

The report also suggested that prosecutors may decide to appeal the decision.

Ghosn is currently in detention and faces charges relating to understatement of income and financial misconduct.

Reuters noted that the court had been expected to extend the detention for at least another ten days.

Reuters reported that local media broadcasters have suggested Ghosn could be released today or tomorrow.

The report added that 'documents seen by Reuters showed that executives at both Nissan and Renault were involved in discussions about compensating Ghosn out of the public eye'. Japan is said to have a corporate culture that avoids large headline salaries for top executives in favour of other forms of remuneration.

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