Former Nissan-Renault CEO Carlos Ghosn has been arrested for the fourth time by authorities in Japan following a recent raid at his residence in Tokyo.
According to Auto News, national broadcaster NHK reported that Ghosn was arrested and charged with breach of trust by prosecutors. Ghosn has already been arrested on three previous charges but was released from prison on March 6 while awaiting trial on three indictments.
Prosecutors are said to have arrested Ghosn this time over a payment of $34.2 million made to an Oman sales representative, select funds of which may have been used to help pay for a yacht purchased by Ghosn.
Shortly after his arrest, Ghosn insisted he will not be broken.
“My arrest this morning is outrageous and arbitrary. It is part of another attempt by some individuals at Nissan to silence me by misleading the prosecutors. Why arrest me except to try to break me? I will not be broken,” he said.
Ghosn’s latest arrest came just hours after he announced on Twitter that he would hold a news conference on April 11 insisting that he was going to “tell the truth about what’s happening.”
“I was scheduled to present my story in a press conference next week; by arresting me again, the prosecutors have denied me that opportunity, for now, but I am determined that the truth will come out. I am confident that if tried fairly, I will be vindicated,” Ghosn has since said.
While prosecutors officially arrested and charged Ghosn, it remains to be seen if he will be detained. Prosecutors are reportedly considering a new case against Ghosn, focused specifically on the payments which Nissan made to the aforementioned business partner in Oman, Suhail Bahwan Automobiles.
Ghosn’s attorney Junichiro Hironaka said putting the businessman back into detention “would be a little too much.”
“I would have to question the validity of the prosecutors doing something like hostage justice again, as the court has already given him a release on bail, and this is not a separate case but related to the current case.”