Former Nissan Motor Co Chairman Carlos Ghosn was set to be released on US$8.9 million bail on Wednesday after a Tokyo court rejected a last-minute ...
TOKYO: Former Nissan Motor Co Chairman Carlos Ghosn was set to be released on US$8.9 million bail on Wednesday after a Tokyo court rejected a last-minute attempt by prosecutors to keep the once-feted executive in prison.
The release would allow Ghosn, who turns 65 on Saturday, to meet his newly hired legal team frequently and build a defense ahead of his trial. Ghosn faces charges of aggravated breach of trust and under-reporting his compensation to the tune of US$82 million at Nissan for nearly a decade.If convicted on all the charges, he faces up to a decade in jail. The ex-chairman of Nissan, Renault SA and Mitsubishi Motors Corp has denied any wrongdoing.
The case has cast a harsh light on Japan's criminal justice system, which allows suspects to be detained for long periods and prohibits defense lawyers from being present during interrogations that can last eight hours a day.
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