Nissan, reeling from a scandal over its former superstar executive Carlos Ghosn, sank into red ink in the latest quarter as its vehicle sales fell around the world, and the Japanese automaker slashed its profit forecast for the year.

Tokyo prosecutors issued an arrest Thursday for Nissan's former chairman Carlos Ghosn, who skipped bail while awaiting trial in Japan and is now in Lebanon.

The legal team of Nissan's former chairman Carlos Ghosn issued a statement Friday refuting the latest allegations by the Japanese automaker against the fugitive businessman.