Carlos Ghosn's latest bail application was rejected Tuesday by the Tokyo District Court, extending his detention and helping prosecutors build their case against the fallen car titan who has already been behind bars for almost two months.
Ghosn's lawyers submitted the bail application last week after the executive was indicted for a second count of financial misconduct accusations.
The rejection is a win for the prosecutors who want to keep questioning Ghosn as they continue to build their case ahead of an eventual trial. The ousted Nissan Motor Co. chairman has been indicted for understating his income by billions of yen and for breach of trust by acts including passing on trading losses to the carmaker.
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