Hong Kong (CNN Business) Ousted Nissan chief Carlos Ghosn has been arrested in Japan on new charges, less than a month after he was released on bail.

Prosecutors entered the former auto executive's Tokyo home early Thursday morning, and rearrested him on new allegations of financial misconduct.

Nissan NSANF Renault RNLSY The former chairman ofandhad been released on bail in early March after spending 108 days in custody.

During a press briefing on Thursday, a spokesman for the prosecutors said Ghosn was rearrested partly because there was a possibility he could destroy evidence. (Update: A Tokyo court granted prosecutors' request to hold Ghosn until April 14.)

Prosecutors accuse Ghosn of using Nissan funds for personal use. They allege that from 2015 to 2018, Nissan sent payments to an overseas dealer that was actually controlled by Ghosn. Nissan lost about $5 million as a result, according to prosecutors.

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