The Ghosn scandal has proved disastrous for Nissan, which in July announced that net profit plunged nearly 95 per cent in the April-June quarter, and confirmed it would cut 12,500 jobs worldwide
The admission came after local media reported an internal Nissan probe found that Saikawa and other executives received more equity-linked remuneration than they were entitled to
The operation, known only to a handful of people, adds crucial new details to what investigators and those close to Ghosn see as the most serious criminal charge against the former auto CEO
Ghosn is accused of under-reporting millions of dollars in income at Nissan and of using company funds for personal expenses
Ghosn, who holds French, Lebanese and Brazilian citizenship, has denied the charges and says he is the victim of a boardroom coup at Nissan Motor
The 65-year-old tycoon, is preparing for his trial on four charges of financial misconduct
From the time Ghosn was arrested, the Reuters team in Tokyo has spent hours, days even, outside the Tokyo jail
The former Nissan boss could soon walk out of his Tokyo detention centre to prepare his defence against multiple charges of financial misconduct.
The case has exposed tensions in the Nissan-Renault alliance forged by Ghosn some two decades ago
Ghosn was arrested for the fourth time this month on suspicion he tried to enrich himself at Nissan's expense, to the tune of $5 million
But the court slapped down the appeal without explaining the ruling, Jiji Press and Kyodo News reported
The Nikkei reported that his wife had arrived back in Japan at Tokyo's Haneda airport on Wednesday, quoting her as saying she wanted to tell a court that there was 'absolutely nothing illegal'
Tokyo prosecutors last week took the highly unusual step of re-arresting Ghosn - who had been out on $9 million bail - returning him to the Tokyo detention centre
Carole Ghosn has appealed to the French government to help her husband, saying the government 'should do more for him'
Ghosn was arrested again on suspicion of funnelling $5 million from payments made by a Nissan subsidiary
Fallen auto executive Carlos Ghosn rearrested from his Tokyo apartment less than a month after he was given a bail.
Yet after barely a month of freedom, the former chairman of Nissan Motor Co. and Renault SA was rearrested in the early hours on April 4
Some of the money is believed to have been used to buy a luxury boat allegedly used by Ghosn and his family, according to a source familiar with the matter
'I caused tangible and intangible damage to many people. I feel sorry about that,' said his lawyer Takashi Takano
The 64-year-old faces three charges of financial misconduct over allegations he under-reported his compensation and tried to shift losses to Nissan's books