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Ghosn to leave jail after posting $9-million bail
Ousted Renault and Nissan Chairman Carlos Ghosn has posted $9-million in bail, paving the way for his release from jail and giving the executive fresh impetus to craft his defence against financial misconduct charges in Japan. The former titan of the global auto industry is set to be released from the Tokyo Detention House, where he has been confined to a small, unheated room since he was arrested on Nov. 19 on charges Ghosn has described as “meritless”. The Tokyo District Court said Ghosn has paid the 1 billion yen ($9 million) bail, among the highest ever in Japan, after it rejected a last-ditch appeal by prosecutors to keep him in jail. Earlier on Wednesday, a car from the Embassy...
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5y ago from GrandPrix247.com
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