Ghosn denied bail

Carlos Ghosn has been denied bail in Japan.

The former Nissan chairman has been detained since November on allegations of financial misconduct. He now faces at least another two more months in jail as his case heads to court.

The former head of the car-making alliance of Nissan, Renault and Mitsubishi, is accused by Japanese prosecutors of understating his income for years, and of improperly transferring personal losses to Nissan’s books in 2008.

He has denied all charges, while his lawyers are appealing the court ruling.