Ex-Nissan boss Ghosn to walk free again after posting millions in bail [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Ex-Nissan boss Ghosn to walk free again after posting millions in bail Former Nissan Motor Chairman Carlos Ghosn was set to walk out of a Japanese detention center for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court on Thursday. Bail will enable the former titan of the global auto industry to better prepare for his criminal trial expected later this year, when he will fight his latest charge of aggravated breach of trust along with three other accusations of financial misdoing during his time at the helm of Japan’s No. 2 automaker. Ghosn has denied all four charges against him, which include understating his income and temporarily transferring personal financial losses onto Nissan’s books. Story continues below advertisement The Tokyo District Court said in a statement that it had approved a bail request from Ghosn’s defense team and set bail at 5 million yen ($4.5 million), roughly half his previous ba
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