Former Nissan chief Carlos Ghosn posted bail of 1-billion yen in cash on Wednesday, paving the way for his release from a Tokyo detention centre after more than three months in custody.
Former Nissan chief Carlos Ghosn posted bail of 1-billion yen in cash on Wednesday, paving the way for his release from a Tokyo detention centre after more than three months in custody.
Overnight, he once again proclaimed his innocence of the charges, which include claims he under-reported his salary and sought to shift personal losses to Nissan’s books. The court had previously justified Ghosn’s ongoing detention, saying he posed a flight risk and could seek to destroy evidence, so Hironaka’s bail request offered restrictions intended to win the court’s trust.
But Kyodo said Ghosn could still attend board meetings at Nissan, where he remains a director, if the court gives approval. In a shake-up of his legal team last month, Ghosn replaced a former prosecutor known as “The Breaker” with Hironaka, who has earned the nickname “The Acquitter” for his court record and “The Razor” for his mental sharpness.Speaking to reporters on Monday, Hironaka had vowed a “completely new legal strategy” to obtain his client’s release, and experts said the change of tack appeared to be behind the surprise bail ruling.
A towering figure once revered in Japan for turning around Nissan’s fortunes, Ghosn also forged a successful alliance between Nissan, Mitsubishi Motors and France’s Renault.
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