Carlos Ghosn Granted Bail And Released From Japanese Jail

Roman Schwartz
March 9, 2019

The Brazil-born ex-CEO of Renault and Chairman of Nissan Motors paid one of many largest bail charges within the historical past of Japan - 1 billion yen ($eight.9 million) - to depart jail in Tokyo.

This includes his former right-hand man Greg Kelly, who was released on bail on Christmas Day but faces charges of conspiring to under-report Ghosn's salary over a period of eight years.

"I am innocent and totally committed to vigorously defending myself in a fair trial against these meritless and unsubstantiated accusations", Mr Ghosn said in a statement.

Ghosn's bail was set at one billion yen (nine million USA dollars) after a request was filed with the court on Thursday last week by Ghosn's new legal team appointed in February. But the complexity of a case can determine the length of pretrial detention.

As a part of the bail settlement, Mr. Ghosn should give his passports to his attorneys, stay in Tokyo and never have contact with others concerned within the case, in line with Japanese information media. They had insisted that he should be kept in detention to prevent him from tampering with evidence or leaving the country.

Bollore said he personally views the release as "good news" but Renault does not plan to retain Ghosn as a director.

Two of Ghosn's earlier requests to be released on bail were rejected.

"His detention was very long, and very tough", his lawyer said, adding Ghosn had to sleep with the light on, for example.

Carlos Ghosn rides in a car after being released from detention
Carlos Ghosn rides in a car after being released from detention

The executive, who spent 108 days in custody, denies under-reporting his income and says that a temporary transfer of his investment losses to Nissan's books did not cost the company any money.

Ghosn is also banned from communicating with parties involved in his case, and permitted computer access only at his lawyer's office.

Ghosn has hired a star defense lawyer, Junichiro Hironaka.

The conviction rate in Japan is more than 99 per cent.

Ghosn said nothing audible as he walked out of the Tokyo detention centre yesterday where cameras had massed outside for hours waiting for a shot of him.

Even the lead lawyer for Carlos Ghosn was taken aback when he saw TV footage of his famous client wearing a mask and disguised as a blue-collar worker.

"We hope this can serve as a way to end the hostage justice system", Hironaka told reporters Thursday, using the term common among critics referring to the long detentions.

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