Ghosn's Prospects Darken as Prosecutors Throw Him Back in Jail
- Former chairman suspected of directing Nissan funds for self
- Fallen car titan had been free on bail for less than a month
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Carlos Ghosn’s prospects for a legal comeback dimmed after Japanese prosecutors arrested him on fresh allegations that the former chairman of Nissan Motor Co. used millions of dollars from the company for his own purposes.
Authorities showed up at Ghosn’s Tokyo apartment shortly before 6 a.m. Thursday to detain him, cutting short the freedom he enjoyed since his March 6 release on bail. Prosecutors said he used company money funneled through an intermediary for personal purposes, the most serious charges yet against the global auto titan, who once led Nissan, Renault SA and Mitsubishi Motors Corp. at the same time.