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Nissan's Ghosn crisis

Ghosn's detention extended by another 10 days

Nissan's former chairman appeals Tokyo District Court's decision

Carlos Ghosn, who was initially arrested on Nov. 19, could remain under detention through Dec. 30.   © Reuters

TOKYO -- Carlos Ghosn will be staying in custody another 10 days, the Tokyo District Court decided on Tuesday. Nissan Motor's former chairman as well as former Representative Director Greg Kelly will stay under arrest up to Dec. 20, after they were rearrested on Monday.

Ghosn's lawyer appealed the extended detention, and Kelly's attorney is expected to do the same.

The pair's detention could last longer. Japan's Code of Criminal Procedure allows for extending detentions in 10-day increments if a court permits. Therefore, Ghosn's detention could last until December 30th.

Prosecutors indicted Ghosn, 64, and Kelly, 62, on Monday for underreporting about 4.8 billion yen ($43 million) worth of income in Nissan's annual reports for the five fiscal years through March 2015. The latest arrests were on allegations that the two failed to report another 4.2 billion yen for the three fiscal years through this past March.

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