BREAKING: Japanese court approves release for detained Nissan ex-chair Carlos Ghosn on 500 million yen, or $4.5 million, bail.
FILE - In this April 3, 2019, file photo, former Nissan Chairman Carlos Ghosn, center, returns to his residence in Tokyo. Japanese court approves release for detained Nissan ex-chair Ghosn on 500 million yen, or $4.5 million, bail.
TOKYO — A Japanese court has approved the release for detained Nissan ex-chair Carlos Ghosn on 500 million yen, or $4.5 million, bail. Prosecutors can appeal the decision made Thursday by the Tokyo District Court. His lawyers can also push for his release. Ghosn was arrested in November, released on bail in March but re-arrested in April on new allegations and taken to Tokyo Detention Center.
He has been charged with falsifying financial documents in under-reporting post-retirement compensation and breach of trust in diverting Nissan money and having it shoulder his personal investment losses.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ex-Nissan Chairman Ghosn indicted on aggravated breach of trust chargeJUST IN: Ousted Nissan boss Carlos Ghosn applies for release on bail after new indictment - Tokyo district court
Read more »
Ousted Nissan chief Carlos Ghosn hit with fresh chargesCarlos Ghosn has been indicted on fresh charges of breach of trust.
Read more »
Japan Authorities Indict Carlos Ghosn For Fourth Time, Nissan Poised To Reject Full Renault MergerNissan management has acted as if it is not being treated as an equal partner and that a complete merger would solidify what it perceives as Renault’s dominant position. That dispute is at the heart of the legal fight between Nissan and its former CEO and chairman.
Read more »
Opinion | My husband, Carlos Ghosn, is innocent of it allI hope President Trump will urge Prime Minister Shinzo Abe to allow my husband to obtain bail.
Read more »
Adding to Ghosn woes, Nissan set to slash outlook: reportNissan Motor Co Ltd will announce on Wednesday a large-scale cut to its earnings...
Read more »
Nissan Cries Foul As Ghosn Rearrested For Fourth Time On Most Serious Charge YetThis is the fourth set if charges against Carlos Ghosn since he was first arrested on November 19 last year and as expected, his lawyers immediately requested bail.
Read more »
Adding to Ghosn woes, Nissan slashes profit outlook to near-decade lowNissan Motor Co slashed its full-year profit forecast to its lowest in nearly a ...
Read more »
Nissan Issues Second Profit Warning as It Unwinds Carlos Ghosn’s Sales StrategyNissan Motor issued its second profit warning this year, weighed down by a warranty extension for vehicles in the U.S. and efforts to unwind a U.S. sales strategy by former Chairman Carlos Ghosn.
Read more »
Ex-Nissan chairman Ghosn applies for bail over latest indictmentCarlos Ghosn on Monday applied for bail following his latest indictment over agg...
Read more »
Nissan files criminal complaint against jailed ex-Chairman GhosnNissan Motor said on Monday it had filed a criminal complaint against former Cha...
Read more »