Tokyo District Court says it has approved the release of former Nissan chairman Carlos Ghosn on $8.9 million bail, which would end nearly 4 months of detention.
In this May 12, 2016, photo, former Nissan Motor Co. President and CEO Carlos Ghosn speaks during the press conference in Yokohama, near Tokyo. Japan's Kyodo News service said Tuesday, March 5, 2019, a Tokyo court has okayed release of detained Nissan ex-chairman Carlos Ghosn on bail.
The approval of Ghosn’s request for bail, his third, came a day after one of his lawyers said he was confident the auto executive would gain his release. Hironaka said Monday that he had offered new ways to monitor Ghosn after his release, such as camera surveillance. Hironaka also questioned the grounds for Ghosn’s arrest, calling the case “very peculiar,” and suggesting the case could have been dealt with as an internal company matter.
The former head of the Renault-Nissan-Mitsubishi Motors alliance has been detained since he was arrested on Nov. 19. He says he is innocent of charges of falsifying financial information and of breach of trust.In Japan, suspects are routinely detained for months, often until their trials start. That’s especially true of those who insist on their innocence.
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