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Disgraced former Nissan chairman Carlos Ghosn will remain in Japanese custody past New Year’s Day

Carlos Ghosn attends the company's annual shareholder meeting in Paris April 30, 2013.   REUTERS/Charles Platiau/File Photo   Thomson Reuters

A Tokyo court on Monday backed Japanese prosecutors’ request to keep the disgraced former Nissan Motor Company chairman Carlos Ghosn behind bars until January 11, due to the latest allegation of financial misconduct.

His previous release date had been set for January 1.See the rest of the story at Business Insider

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SEE ALSO: ‘We hope the board will listen to our explanation’: Nissan’s CEO calls on Renault to heed the allegations against Carlos Ghosn

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