To obtain his freedom, former auto tycoon Carlos Ghosn had to stump up more than just a cool ¥1 billion (US$9 million) in cash.
He had to submit to various conditions that even his lawyer admitted might be"inconvenient" for the former jet-setting executive.Nevertheless, the conditions proposed by lead defence lawyer Junichiro Hironaka did the trick after two failed bail bids by a previous attorney.
Prosecutors had strongly opposed his release, arguing that he could seek to contact others involved in the case.If he breaks any of the conditions he could lose some or all of the US$9-million bail, or even find himself back at the Tokyo Detention Centre before his trial - which could still take months to organise.
According to the Japanese media, his lawyers will take possession of his passport, preventing him from overseas travel.As the head of three massive car companies, Ghosn was always on the move and in constant contact with his office. That will certainly change under his bail conditions. He is allowed to make phone calls but his lawyers will submit to the court the list of all the outgoing numbers dialled - to prevent him making contact with a person of interest in his case.Ghosn has on several occasions denounced what he sees as a"plot" within Nissan to bring him down and part of his bail requirements is that he should not meet with anyone involved in the case.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carlos Ghosn, jailed for over 100 days, set to be released on bailFormer 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 ...
Read more »
Carlos Ghosn, jailed for more than 100 days, set to be released on bailFormer 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 ...
Read more »
Ousted Nissan boss Ghosn to leave prison after court rejects prosecutors' appealA Japanese court on Tuesday rejected a last-minute attempt by prosecutors to keep former Nissan Motor Chairman Carlos Ghosn in prison, ruling that ...
Read more »
Ousted Nissan boss Ghosn set to leave prison after court rejects prosecutors' appealTOKYO: A Japanese court on Tuesday rejected the latest attempt by prosecutors to keep former Nissan Motor Chairman Carlos Ghosn in prison, ruling ...
Read more »
Third time lucky: Ex-Nissan chief Ghosn wins bail in JapanFormer auto industry titan Carlos Ghosn moved a step closer to freedom Tuesday as a Tokyo court unexpectedly granted him bail after more than three months in a detention cell. It was the latest twist in a case that has gripped Japan and the business world since the tycoon's shock arrest on November
Read more »
Tokyo court grants bail to Ghosn after 107 days in jailTOKYO: A Tokyo court on Tuesday (Mar 5) granted bail to Carlos Ghosn, the ousted chairman of Nissan Motor who is fighting charges of financial ...
Read more »
Ghosn lawyer hopes 'convincing' bail bid will secure releaseCarlos Ghosn's new lead defence lawyer said Monday his 'convincing' new bail application for the former Nissan boss contained fresh elements he ...
Read more »
Tokyo court grants bail to Ghosn after 107 days in jailTOKYO (REUTERS) - A Tokyo court on Tuesday (March 5) granted bail to Carlos Ghosn, the ousted chairman of Nissan Motor Co Ltd who is fighting charges of financial misconduct, after more than three months in detention, Ghosn's lawyer said.. Read more at straitstimes.com.
Read more »
Ex-Nissan chief Ghosn case shines harsh light on Japan's 'hostage justice'The high-profile case of ex-Nissan chairman Carlos Ghosn has shone a light in Japan on what critics call 'hostage justice', in which suspects can ...
Read more »
Ex-Nissan chair Ghosn leaves jail, says to fight Japan's 'meritless' chargesOusted Nissan Motor Chairman Carlos Ghosn was released from jail on Wednesday after posting US$9 million in bail, giving the executive fresh ...
Read more »
Former Nissan chief Ghosn leaves Japan cell on bailTOKYO (REUTERS, AFP) - Former Nissan chief Carlos Ghosn left a detention in Tokyo on bail on Wednesday (March 6), ending more than 100 days in custody after being arrested on alleged financial misconduct. . Read more at straitstimes.com.
Read more »