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Carlos Ghosn, Former Nissan Chairman, Is Granted Bail Request in Japan Carlos Ghosn, Former Nissan Chairman, Is Granted Bail Request in Japan
(32 minutes later)
TOKYO — A Tokyo court on Tuesday granted a request for bail by Carlos Ghosn, the former auto executive facing charges of financial wrongdoing in Japan, his lawyer’s office said.TOKYO — A Tokyo court on Tuesday granted a request for bail by Carlos Ghosn, the former auto executive facing charges of financial wrongdoing in Japan, his lawyer’s office said.
The court set his bail at 1 billion yen, or almost $9 million.The court set his bail at 1 billion yen, or almost $9 million.
Mr. Ghosn, 64, who was until recently head of the alliance that united Nissan Motor, Mitsubishi of Japan and Renault of France, was indicted on charges of underreporting his income by more than $80 million. He denies the allegations.Mr. Ghosn, 64, who was until recently head of the alliance that united Nissan Motor, Mitsubishi of Japan and Renault of France, was indicted on charges of underreporting his income by more than $80 million. He denies the allegations.
Prosecutors are expected to appeal the court’s decision. Prosecutors are expected to appeal the court’s decision, and a ruling could come later Tuesday.
Prosecutors have been questioning Mr. Ghosn for more than three months. He has spent more than three months in jail since his arrest on Nov. 19 and been refused bail twice.
In an interview with Nikkei Asian Review, Mr. Ghosn blamed rivals at Nissan for misrepresenting facts to prosecutors and removing him as chairman of the company he helped rescue nearly two decades ago. He said that he had wanted to unite the three alliance partners in “autonomy under one holding company.”
“People translated strong leadership to dictator, to distort reality” for the “purpose of getting rid of me,” he said in the interview, the first since he was arrested.