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Ghosn Vows To Tell The Truth

Carlos Ghosn has joined Twitter and promised to unveil “the truth” behind his stunning downfall.
The former chief of Nissan and Renault used his debut post on the social media site  to announce that he will hold a press conference on April 11.
“I’m getting ready to tell the truth about what’s happening,” Ghosn wrote, without giving further details.
Renault unveiled new allegations against Ghosn later , claiming that expenses incurred by its former CEO and chairman involved “questionable and concealed practices” that violated its ethics rules. It also announced Ghosn’s resignation from its board.
The auto executive is awaiting trial in Tokyo on charges that he understated his income at Nissan and abused his position by transferring personal investment losses to the company.
After spending more than three months in a Japanese jail cell, he was released on bail of 1 billion yen ($9 million) last month. Ghosn, who denies all the charges, could face as many as 15 years in prison.
The bail conditions include monitoring by surveillance cameras and restrictions on Ghosn’s use of computers. His spokesman said the Twitter account complies with those conditions.
Japanese media reported  that prosecutors were readying new allegations against Ghosn related to payments made to a company in Oman. Prosecutors in Tokyo did not immediately respond to a request for comment.
One of the most prominent figures in the global auto industry, Ghosn was arrested by Japanese prosecutors on November 19 last year. He has since been ousted from his role as the head of Nissan, Renault and Mitsubishi Motors, which together form the world’s largest carmaking alliance.
His detention stunned the industry and strained the alliance, which makes one in nine cars sold worldwide and employs more than 450,000 people.