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Nissan's Ghosn crisis

Tokyo court approves detention of ex-Nissan boss Ghosn until Jan. 11

Latest allegation involves transfer of personal investment losses to carmaker

Ghosn, initially detained in November on charges of underreporting remuneration, was served a fresh arrest warrant on Dec. 21 for allegedly transferring personal investment losses to the Japanese automaker. (Photo by Maho Obata)

TOKYO (Kyodo) -- A Tokyo court approved Monday prosecutors' request to extend the detention of former Nissan Motor Co. Chairman Carlos Ghosn until Jan. 11 due to the latest allegation of financial misconduct.

Ghosn, initially charged over underreporting his remuneration, has been detained since November and was served a fresh arrest warrant on Dec. 21 for allegedly transferring personal investment losses worth 1.85 billion yen ($17 million) to the Japanese automaker in 2008.

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