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Court approves ex-Nissan boss Carlos Ghosn’s $4.5m bail

Ex-chairman Ghosn kicked out as director from Nissan's board

Nissan’s former chief Carlos Ghosn has been granted some respite since his arrest last year on financial misconduct charges.

A Tokyo court approved his release on a $4.5million bail.

The Tokyo District Court said in a statement on Thursday that it had approved a bail request from Ghosn’s defence team after his lawyers filed the request after his prosecution for aggravated breach of trust, and also enriching himself at a cost of $5m to Nissan from July 2017 through July 2018.

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Ghosn was initially set free last month, but rearrested on April 4 on new charges, returning to the same Tokyo detention centre where he had previously spent 108 days following his first arrest in November.

Aljazeera revealed that Ghosn will be free to leave the detention centre after posting bail, but his movements and communications will likely be strictly monitored and restricted in line with his previous bail conditions.

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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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