Japan prosecutors could broaden criminal investigation against Ghosn, report says

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Ghosn could be further investigated.

TOKYO – Japanese prosecutors are likely to build a new criminal case against former Nissan president Carlos Ghosn because he underestimated his reward for 3 years from tax 2015 by 3 billion yen ($ 27 million), the Asahi newspaper reported Friday.

Ghosn and former representative of Nissan Greg Kelly are currently being investigated in a case of alleged conspiracy to underestimate Ghosn's pay with about half of the 10 billion yen he earned at Nissan for five years from fiscal 2010.

Combined, Ghosn underestimated his remuneration at Nissan by about 8 billion yen in the eight years of the fiscal year that ended in March, according to the newspaper, without citing sources.

It was not mentioned whether a new case would also be addressed to Kelly.

Ghosn and Kelly were arrested and fired this week for accusations of financial misconduct.

A new case would make Ghosn liable for relocation, Asahi said.

With the duo still in custody, none of the men have been able to defend themselves publicly against the accusations.

Reuters could not contact them. Motonari Otsuru, a former public prosecutor who, according to local media, was hired as a Ghosn lawyer, was not immediately available for comment.

The Tokyo Prosecutor's Public Prosecutor could not be reached for comment on Friday, a public holiday in Japan. Nissan declined to comment.