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Ghosn’s trial is expected to start later this year. HOW CAN GHOSN BE RE-ARRESTED WHEN ALREADY OUT ON BAIL? black onyx cufflinks gold. Arresting a suspect who has been released on bail is highly uncommon, and Japanese prosecutors have said they “humbly” recognized any international criticism over the latest arrest. But prosecutors also cited the concern that Ghosn could destroy evidence while out on bail as impetus for arrest. Legal experts say that re-arresting a suspect who has been released on bail suggests that prosecutors continue to look for new charges – and may be concerned about the chances of winning a guilty verdict with the current charges..

Since his November arrest on the tarmac of a Tokyo airport, Ghosn has faced a swell of allegations. Renault initially sought to avoid being drawn into the investigation initiated by Nissan – which ousted Ghosn as chairman days after his arrest – and for weeks avoided sharing the Japanese partner’s findings with its own board. He was forced out as Renault chairman and CEO in January black onyx cufflinks gold. Nissan has found that its own regional subsidiary made questionable payments of more than $30 million to the Omani distributor, while one source has told Reuters that the total sum paid by Renault is in the double-digit millions..

Renault has also turned over evidence that the 50,000-euro ($56,145) rental of Ghosn’s Chateau de Versailles wedding in 2016 had been improperly charged to the company. Nissan’s investigation has also revealed the purchase of several properties around the world, including a Beirut house, by the company for Ghosn’s use. A joint audit of the Renault-Nissan BV alliance management organization has tallied 1.2 million euros in Lebanese donations and other spending of questionable benefit to the car makers, among preliminary results presented to Renault directors black onyx cufflinks gold.

It has also been alleged that he used around $600,000 in Nissan funds to pay his children’s university tuitions. Sources told Reuters this week that Renault had uncovered suspect payments to a Renault-Nissan business partner in Oman while Ghosn was CEO, which may be connected to the purchase of a luxury yacht worth millions of euros. Ghosn will remain in custody until April 14 after a court approved his detention black onyx cufflinks gold. Prosecutors can apply for an additional 10 days detention, after which they must indict or release him..

FRANKFURT (Reuters) – The European Central Bank will ask Deutsche Bank to raise fresh funds before it gives the go-ahead for a merger with a state-backed rival, a person with direct knowledge of the matter said. The official said that Deutsche would be required to have the buffer, which has yet to be calculated, to cope should it experience setbacks while integrating Commerzbank if a deal is agreed. The demand could complicate a bid to create Europe’s third-largest bank from Germany’s top two lenders, Deutsche and Commerzbank, who have struggled to recover since the financial crisis black onyx cufflinks gold.