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Stock impact report

Nissan ex-chair Ghosn's release on bail approved by court [MSN Money]

NISSAN MOTOR LTD S/ADR (NSANY) 
US:NASDAQ Investor Relations: nissan-global.com/en/ir
Company Research Source: MSN Money
Nissan ex-chair Ghosn's release on bail approved by court © The Associated Prs TOKYO — Detained former Nissan chairman Carlos Ghosn paid 500 million y ($.5 million) in bail, the Tokyo District court said Thursday, signaling he would likely soon be released. Load Error Ghosn was arrted in November, released on bail in March but re-arrted in April on new allegations and tak to the Tokyo Dettion House. He has be charged with under-reporting his post-retiremt compsation and breach of trust in diverting Nissan money and allegedly having it shoulder his personal invtmt loss. Ghosn, 65, a Brazilian-born Frchman of Lebane anctry, says he is innoct. He contds the compsation allegedly underreported was never decided on or paid and the paymts considered to be a breach of trust were legitimate. The latt bail agreemt follows billion y ($9 million) in bail that Ghosn posted for his earlier release. For that release, his defse team offered special conditions such installing a surveillance camera at Show less Read more
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