Former Nissan Chairman Carlos Ghosn is preparing to leave detention after posting $8.9 million in bail.
Carole Ghosn, wife of former Nissan chairman Carlos Ghosn, walks to a car waiting at the entrance of Tokyo Detention Center, where her husband is detained, Wednesday, March 6, 2019, in Tokyo.
The Tokyo District Court confirmed early afternoon Wednesday that the bail had been posted. That clears the way for him to leave the Spartan conditions of the Tokyo Detention Center, where he has been held since his Nov. 19 arrest.The former head of the Renault-Nissan-Mitsubishi Motors alliance is charged with falsifying financial reports and breach of trust.
Jean-Yves Le Borgne, Ghosn’s French lawyer, cautioned that prosecutors still had leeway to file new charges. Prosecutors contend that suspects may tamper with evidence and shouldn’t be released. Two of Ghosn’s earlier requests to be released on bail were rejected.Ghosn says he is innocent of falsifying financial reports because the compensation he is alleged to have under-reported was never paid or decided upon. The breach of trust allegations center on a temporary transfer of Ghosn’s investment losses to Nissan’s books that he says caused no losses to the automaker.
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