Ghosn says he is innocent a committed to defending himself against 'meritless' charges from Japan.
Ousted Nissan Motor Chairman Carlos Ghosn was released from jail on Wednesday after posting $9 million in bail, giving the executive fresh impetus to craft his defense against financial misconduct charges in Japan.
Earlier on Wednesday, a car from the Embassy of France, where Ghosn holds nationality, arrived at the detention center as media helicopters swirled overhead. Hundreds of reporters, photographers and TV crews were gathered outside the facility, many of whom had camped overnight to secure positions. He faces charges of aggravated breach of trust and under-reporting his compensation by about $82 million at Nissan for nearly a decade. If convicted on all charges, he faces a maximum sentence of up to 15 years in jail, prosecutors have said.
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.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carlos Ghosn, accused ex-chairman of Nissan, granted bail in JapanGhosn is charged with falsifying financial reports by under-reporting compensation that he contends was never paid or decided upon.
Read more »
Japanese court grants bail to former Nissan boss Carlos Ghosn after nearly four months in jailThe treatment of the high-profile auto executive has cast Japan’s legal system in an unflattering light.
Read more »
Japanese court grants bail for ex-Nissan chair Ghosn, prosecutors appealA Japanese court granted bail to ousted Nissan Motor Chairman Carlos Ghosn on Tu...
Read more »
Nissan ex-chair Ghosn posts bail, awaiting release in TokyoTOKYO (AP) — Former Nissan Chairman Carlos Ghosn was preparing to leave detention as early as Wednesday after posting 1 billion yen ($8.9 million) in bail once an appeal by prosecutors against his...
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 af...
Read more »
Ex-Nissan chair Carlos Ghosn pays $9M bail in financial misconduct caseFormer Nissan Motor Chairman Carlos Ghosn paid $8.9 million bail, the Tokyo District Court said, clearing the way for his release from the Tokyo detention center where he has been held for more than 100 days.
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 Ja...
Read more »