Bail was set at 9 million US dollars. The Tokyo District Court on Tuesday approved the release on bail of Carlos Ghosn, the former Nissan Motor Co. chairman. Bail was set at ¥1 billion (about $9 million). Ghosn has been charged with aggravated breach of trust in violation of the Companies Law for allegedly causing […]
(FILES) This file photo taken on January 11, 2016 shows Carlos Ghosn, chairman, president and chief executive officer of Nissan Motor, speaking to reporters during a press conference at the 2016 North American International Auto Show in Detroit, Michigan. - Nissan on November 19, 2018 accused its chairman Carlos Ghosn of "significant acts of misconduct" including underreporting his income and said it would propose his dismissal, after media reports he would be arrested in Tokyo. (Photo by GEOFF ROBINS / AFP)
March 6, 2019
Bail was set at 9 million US dollars.
The Tokyo District Court on Tuesday approved the release on bail of Carlos Ghosn, the former Nissan Motor Co. chairman.
Bail was set at ¥1 billion (about $9 million).
Ghosn has been charged with aggravated breach of trust in violation of the Companies Law for allegedly causing damage to Nissan after transferring his personal investment loss to the company.
This third request for release on bail was filed on Feb. 28 by Ghosn’s attorneys.