The Tokyo District Court on Friday ruled that Carlos Ghosn will remain in detention until April 22, as prosecutors grill the former Nissan boss over allegations of financial misconduct.
Ghosn, who is a French, Lebanese and Brazilian citizen, will be held in custody at a detention center in Tokyo until then, whereupon authorities will either have to press formal charges, release him or re-arrest him if they feel he has other accusations to answer.
Prosecutors are looking into allegations that the 65-year-old siphoned off some $5 million from funds allegedly transferred from Nissan to a dealership abroad, and spent the money on a luxury superyacht.
Ghosn has not been formally charged over these allegations.
But the tycoon does already face three separate charges. Two of these relate to millions of dollars in salary believed to have been concealed from shareholders. The third charge is that he sought to shift personal investment losses to company books.
Ghosn denies all allegations and lashed out in a video message -- shown on April 9 -- at what he termed a "plot" by "backstabbing" Nissan executives scared of closer integration with French partner firm Renault.
His wife Carole has increasingly become a key figure in the case and was questioned by authorities on Thursday.
Ghosn's defense team has launched a public and fierce battle against Tokyo prosecutors, calling the latest arrest "illegal" in documents seen by Reuters.
