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Carlos Ghosn: Ex-Nissan chief gave bail after months in Japanese prison



Tokyo District Court on Tuesday said that Ghosn, the former leader of Nissan ( NSANF ) and Renault ( RNLSY ]] can be released from jail of 1 billion yen ($ 9 million).

The automatic leader is expected to test later this year on charges he underestimated his income and abused his position by transferring personal investment losses to The Japanese car manufacturer.

Ghosn denies all the charges. If he was found guilty, he could face as many as 15 years in prison.

One of the most prominent figures in the global automotive industry was Ghosn arrested by Japanese prosecutors on 1

9 November, he has since been banned from his role as head of Nissan, Renault and Mitsubishi Motors, who together form the world's largest auto-making alliance.

His detention banned the industry, strained the alliance and pulled the international Attention to Japan's criminal justice system, where government can hold suspicions in detention

  Carlos Ghosn did not receive his $ 34 million payout from Renault

. ]

Ghosn has repeatedly tried to gain security without success. Japanese prosecutors, who have opposed all his bail applications, can still appeal to the court's decision, making it unclear when Ghosn can be released.

Ghosn has claimed that his spectacular fall is the result of a plot against him by Nissan leaders who opposed his plan to deepen the Japanese company's integration with Renault.

A spokesman for Nissan on Tuesday refused to comment on the court's decision to give citizens to Ghosn.

Nissan's own investigation of his former CEO and CEO has "revealed substantial evidence of blatant unethical conduct," said the spokesman, adding that "further findings related to Ghos's iniquity continue to emerge."


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