Ousted Nissan Motor Chairman Carlos Ghosn was released from jail on Wednesday after posting US$9 million in bail, giving the executive fresh ...
TOKYO: Ousted Nissan Motor Chairman Carlos Ghosn was released from jail on Wednesday after posting US$9 million in bail, giving the executive fresh impetus to craft his defense against financial misconduct charges in Japan.
Ghosn, also the former chairman of Renault and Mitsubishi Motors, was granted bail after he gave assurances that he would remain in Tokyo, surrender his passport to his lawyer and submit to extensive surveillance.He has agreed to set up cameras at the entrances and exits to his residence, and is prohibited from using the internet or sending and receiving text messages.
Last month Ghosn hired lawyer Junichiro Hironaka, nicknamed"the Razor" for his success at winning acquittals in several high-profile cases, to replace Motonari Otsuru, who once ran the prosecutor's office investigating him. While the bail is a significant step, Ghosn still faces a criminal justice system with a conviction rate of 99.9 percent.
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