Japan court grants $4.5m bail to Carlos Ghosn

Former Nissan boss could soon walk out of Tokyo detention centre

Last updated:
1 MIN READ
190422 Carlos Ghosn
Former Nissan Chairman Carlos Ghosn
AFP

Tokyo: A Japanese court granted Carlos Ghosn bail Thursday, meaning the former Nissan boss could soon walk out of his Tokyo detention centre to prepare his defence against multiple charges of financial misconduct.

The Tokyo District Court set bail at 500 million yen (Dh16.4 million, $4.5 million) as the 65-year-old auto sector legend faces four charges ranging from concealing part of his salary from shareholders to syphoning off Nissan funds for his personal use.

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox