Apr 22, 2019

Ghosn indicted on new charge of misappropriating Nissan funds

Former Nissan chairman Carlos Ghosn. Photo: Kazuhiro Nogi/AFP/Getty Images

Former Nissan chairman Carlos Ghosn was indicted on a fresh charge Monday of misappropriating the company’s funds for personal use — the most serious allegation yet, the Japan Times first reported.

Details: The charge came as Nissan said it'd filed a criminal complaint against Ghosn related to an aggravated breach of trust under the Companies Act in Japan. Nissan said it found payments it made to an overseas vehicle sales company via a subsidiary were directed by Ghosn for his personal enrichment.

"Such misconduct is completely unacceptable, and Nissan is requesting appropriately strict penalties."
— Nissan statement

The big picture: Ghosn was the architect of the Renault-Nissan-Mitsubishi Alliance — the largest carmaker in the world before his first arrest in November for alleged financial misconduct. He was released on $8.9 million bail but was rearrested and taken into custody in April. He denies any wrongdoing.

Go deeper

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 1,595,350 — Total deaths: 95,455 — Total recoveries: 353,975Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 461,437 — Total deaths: 16,478 — Total recoveries: 25,410Map.
  3. Public health latest: U.S. has expelled thousands of migrants under a CDC public health orderDr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  4. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — After another 6.6 million jobless claims, here's how to understand the scale of American job decimation.
  5. States latest: FEMA has asked governors to decide if they want testing sites to be under state or federal control.
  6. World latest: Lockdowns have led to a decline in murders in some of the world's most violent countries — Boris Johnson is moved out of the ICU but remains in hospital with coronavirus.
  7. In Congress: Senate in stalemate over additional funding for small business relief program.
  8. 1 SNL thing: "Saturday Night Live" will return to the air this weekend with a remotely produced episode.
  9. What should I do? Hydroxychloroquine questions answeredPets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Federal court temporarily blocks coronavirus order against some abortions

Gov. Greg Abbott. Photo: Tom Fox-Pool/Getty Images

A federal judge ruled Thursday that clinics in Texas can immediately offer medication abortions — a pregnancy termination method administered by pill — and can also provide the procedure to patients nearing the state's time limits for abortions.

Driving the news: The decision comes after federal appeals court ruled 2-1 on Tuesday in favor of an executive order by Republican Gov. Greg Abbott that prohibits abortions during the coronavirus outbreak.

Go deeperArrowUpdated 1 hour ago - Politics & Policy

The view from the other side of the coronavirus peak

We'll soon be crowding into cafes it's 1954 in Rapallo, Italy. Photo: LIFE Picture Collection via Getty

Europeans and Americans are desperate to move beyond the worst of the crisis and return to something approximating normality, but the World Health Organization is cautioning that moving too fast will undermine the sacrifices made so far.

Where things stand: Nearly every country on Earth is still seeing their caseload increase, and a recent uptick in Singapore shows that apparent victory over the virus can be fleeting. But several countries are providing reason for optimism.

Go deeperArrow2 hours ago - World