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Home World Business

Japanese court grants bail to ex-Nissan chair Ghosn after more than three-month detention

byCT Report
05/03/2019
in World Business
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TOKYO (Reuters) – A Japanese court granted bail to ousted Nissan Motor Co Ltd chairman Carlos Ghosn on Tuesday more than three months after his arrest for alleged financial crimes, on condition he submit to video surveillance and communications monitoring.

The architect of the Renault-Nissan tie-up, and until his arrest in November one of the global auto industry’s most feted executives, could walk free as early as Tuesday afternoon after his bail was set at 1 billion yen ($8.9 million).

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