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Carlos Ghosn, Former Nissan Chairman, Is Released on Bail in Japan Carlos Ghosn, Former Nissan Chairman, Is Released on Bail in Japan
(30 minutes later)
TOKYO — Carlos Ghosn, the former Nissan Motor chairman facing charges of financial wrongdoing in Japan, was released on bail on Wednesday after being held in a Tokyo jail since late November.TOKYO — Carlos Ghosn, the former Nissan Motor chairman facing charges of financial wrongdoing in Japan, was released on bail on Wednesday after being held in a Tokyo jail since late November.
A judge approved Mr. Ghosn’s release on bail of 1 billion yen, or almost $9 million, on Tuesday, and rejected an appeal by prosecutors to keep him detained until trial. Mr. Ghosn paid in cash on Wednesday and was released in the late afternoon.A judge approved Mr. Ghosn’s release on bail of 1 billion yen, or almost $9 million, on Tuesday, and rejected an appeal by prosecutors to keep him detained until trial. Mr. Ghosn paid in cash on Wednesday and was released in the late afternoon.
Mr. Ghosn, who headed Nissan and was the architect of its alliance with Mitsubishi Motors of Japan and Renault of France, has been accused of underreporting his compensation and shifting personal losses to Nissan. He has denied the charges.Mr. Ghosn, who headed Nissan and was the architect of its alliance with Mitsubishi Motors of Japan and Renault of France, has been accused of underreporting his compensation and shifting personal losses to Nissan. He has denied the charges.
Since his arrest in Japan on Nov. 19, he has been removed as chairman of all three companies. He does, however, remain on their boards.Since his arrest in Japan on Nov. 19, he has been removed as chairman of all three companies. He does, however, remain on their boards.
A man wearing a grayish jumpsuit, sky-blue cap and surgical mask, whom the Japanese news media identified as Mr. Ghosn, emerged from the detention center at around 4:30 p.m. surrounded by police officers. The outfit, a disguise that looked like a crossing guard’s uniform, allowed him to sneak past a crowd of Japanese and foreign reporters who had been waiting hours for him to appear.A man wearing a grayish jumpsuit, sky-blue cap and surgical mask, whom the Japanese news media identified as Mr. Ghosn, emerged from the detention center at around 4:30 p.m. surrounded by police officers. The outfit, a disguise that looked like a crossing guard’s uniform, allowed him to sneak past a crowd of Japanese and foreign reporters who had been waiting hours for him to appear.
After a moment’s hesitation, Mr. Ghosn got into a small van, while the police loaded luggage and bedding into a larger black van that was the focus of reporters’ attention.After a moment’s hesitation, Mr. Ghosn got into a small van, while the police loaded luggage and bedding into a larger black van that was the focus of reporters’ attention.
It has been over three months since Mr. Ghosn, who turns 65 on Saturday, was taken away by prosecutors after his corporate jet touched down at a Tokyo airport.It has been over three months since Mr. Ghosn, who turns 65 on Saturday, was taken away by prosecutors after his corporate jet touched down at a Tokyo airport.
Much of the intervening time has been spent in a pitched battle for his freedom.Much of the intervening time has been spent in a pitched battle for his freedom.
Japanese prosecutors have gone to unusual lengths to keep him in detention. After a court denied a request to extend his detention in mid-December, prosecutors rearrested him on a new set of charges connected to personal losses he incurred during the 2008 financial crisis and reportedly transferred to Nissan.Japanese prosecutors have gone to unusual lengths to keep him in detention. After a court denied a request to extend his detention in mid-December, prosecutors rearrested him on a new set of charges connected to personal losses he incurred during the 2008 financial crisis and reportedly transferred to Nissan.
The bail hearing on Tuesday was his third. A Tokyo court had rejected two attempts by his previous legal team over concerns that he might attempt to flee the country or tamper with evidence. The bail hearing on Tuesday was Mr. Ghosn’s third. A Tokyo court had rejected two attempts by his previous legal team over concerns that he might attempt to flee the country or tamper with evidence.
A judge approved the request by Mr. Ghosn’s new legal team at midday, but the decision was immediately appealed by prosecutors and a final ruling did not come until late in the evening.A judge approved the request by Mr. Ghosn’s new legal team at midday, but the decision was immediately appealed by prosecutors and a final ruling did not come until late in the evening.
In exchange for his freedom, Mr. Ghosn is required to remain in Japan and accept other conditions imposed by the court to prevent him from tampering with evidence or fleeing. The Japanese news media has reported that those conditions include giving his passports to his lawyers, residing in Tokyo, having no contact with others involved in the case, being monitored by security cameras at home and limiting his use of phones and personal computers.In exchange for his freedom, Mr. Ghosn is required to remain in Japan and accept other conditions imposed by the court to prevent him from tampering with evidence or fleeing. The Japanese news media has reported that those conditions include giving his passports to his lawyers, residing in Tokyo, having no contact with others involved in the case, being monitored by security cameras at home and limiting his use of phones and personal computers.
As Mr. Ghosn’s case goes to trial, prosecutors may face steeper odds than usual. Typically, Japanese prosecutors have a 99 percent conviction rate of indicted defendants. But with a new lawyer, and the intense international attention on some of the flaws in the Japanese criminal justice system, “it’s increasingly looking like it’s not a slam dunk,” said Stephen Givens, an American corporate lawyer in Tokyo.As Mr. Ghosn’s case goes to trial, prosecutors may face steeper odds than usual. Typically, Japanese prosecutors have a 99 percent conviction rate of indicted defendants. But with a new lawyer, and the intense international attention on some of the flaws in the Japanese criminal justice system, “it’s increasingly looking like it’s not a slam dunk,” said Stephen Givens, an American corporate lawyer in Tokyo.