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Ex-Nissan boss released on bail after months of detention

A day after being granted bail by a Tokyo court, Nissan Motor's former chairman Carlos Ghosn walked out of the prison. He left the detention center after paying a bail of 1 billion yen (8.9 million US dollars).

Ghosn leaving detention centre
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Published : Mar 6, 2019, 8:20 PM IST

Tokyo: Former Nissan Motor chairman Carlos Ghosn was released from a Tokyo detention facility on Wednesday after more than 100 days of incarceration in a case of financial misconduct.

Ghosn leaving detention centre

Ghosn, 64, had been charged with under-reporting his remuneration in Nissan's securities reports and aggravated breach of trust, but he denies any wrongdoing. His previous requests for bail were turned down and his lengthy detention has drawn international criticism.

A Tokyo court made the surprise decision to allow his release on Tuesday, setting bail at 1 billion yen ($8.9 million), a media house reported.

He left the detention centre after a "terrible ordeal" of 108 days surrounded by guards, wearing a cap and white medical face mask.

Also Read:FDA approves party drug to treat depression

Ghosn, who must stay in Japan after his release, will live in a court-approved residence in Tokyo and prepare for a trial that could begin late this year. He will also have to remain under limited video surveillance and will only be granted restricted access to the use of mobile phones and computers.

Ghosn, who was arrested in November 2018, would also be required not to contact Nissan executives or others involved in the case, to prevent any attempt at tampering of evidence.

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"I am innocent and totally committed to vigorously defending myself in a fair trial against these meritless and unsubstantiated accusations," he said in a statement released on Tuesday.

Ghosn was the architect of the alliance between Nissan and the French carmaker Renault. He brought Mitsubishi on board in 2016.

Also Read:Rifts with US 'not negotiable': Hassan Rouhani

He ran the alliance of the three global carmakers as both Chief Executive and Chairman and had claimed his arrest was the result of a "plot and treason" against him -- a bid by some Nissan executives wanting to stop his plan to integrate Renault, Nissan and Mitsubishi, a media house reported.

His imminent release from the detention centre was signalled by the arrival of a car from the Embassy of France.

"Carlos Ghosn is being released. He is a French citizen. He will be able to defend himself with greater ease. So much, the better," French Finance Minister Bruno Le Maire told Europe 1 radio.

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"But my responsibility as finance and economy minister is to make sure that hundreds of thousands of jobs at Renault and at the Renault-Nissan alliance are protected," the Minister added.

With inputs from IANS

Tokyo: Former Nissan Motor chairman Carlos Ghosn was released from a Tokyo detention facility on Wednesday after more than 100 days of incarceration in a case of financial misconduct.

Ghosn leaving detention centre

Ghosn, 64, had been charged with under-reporting his remuneration in Nissan's securities reports and aggravated breach of trust, but he denies any wrongdoing. His previous requests for bail were turned down and his lengthy detention has drawn international criticism.

A Tokyo court made the surprise decision to allow his release on Tuesday, setting bail at 1 billion yen ($8.9 million), a media house reported.

He left the detention centre after a "terrible ordeal" of 108 days surrounded by guards, wearing a cap and white medical face mask.

Also Read:FDA approves party drug to treat depression

Ghosn, who must stay in Japan after his release, will live in a court-approved residence in Tokyo and prepare for a trial that could begin late this year. He will also have to remain under limited video surveillance and will only be granted restricted access to the use of mobile phones and computers.

Ghosn, who was arrested in November 2018, would also be required not to contact Nissan executives or others involved in the case, to prevent any attempt at tampering of evidence.

undefined

"I am innocent and totally committed to vigorously defending myself in a fair trial against these meritless and unsubstantiated accusations," he said in a statement released on Tuesday.

Ghosn was the architect of the alliance between Nissan and the French carmaker Renault. He brought Mitsubishi on board in 2016.

Also Read:Rifts with US 'not negotiable': Hassan Rouhani

He ran the alliance of the three global carmakers as both Chief Executive and Chairman and had claimed his arrest was the result of a "plot and treason" against him -- a bid by some Nissan executives wanting to stop his plan to integrate Renault, Nissan and Mitsubishi, a media house reported.

His imminent release from the detention centre was signalled by the arrival of a car from the Embassy of France.

"Carlos Ghosn is being released. He is a French citizen. He will be able to defend himself with greater ease. So much, the better," French Finance Minister Bruno Le Maire told Europe 1 radio.

undefined

"But my responsibility as finance and economy minister is to make sure that hundreds of thousands of jobs at Renault and at the Renault-Nissan alliance are protected," the Minister added.

With inputs from IANS

RESTRICTIONS SUMMARY: NO ACCESS JAPAN/MANDATORY ONSCREEN CREDIT/DO NOT OBSCURE ON SCREEN CREDIT/NO ARCHIVE
SHOTLIST:
TV ASAHI - NO ACCESS JAPAN/MANDATORY ONSCREEN CREDIT/DO NOT OBSCURE ON SCREEN CREDIT/NO ARCHIVE
Tokyo, 6 March 2019
1. A car carrying former Nissan Chairman Carlos Ghosn pulling into a building and Ghosn getting out of the car following his release from the detention center
2. Ghosn and a man getting into an elevator
STORYLINE:
Japanese broadcaster TV Asahi showed the footage of former Nissan Chairman Carlos Ghosn getting out of the car after he left the Tokyo Detention Centre on Wednesday.
Ghosn was released on Wednesday after putting up 1 billion yen (8.9 million US dollars) in bail.
Surrounded by uniformed guards and wearing a face mask, hat, glasses and the clothing of a construction worker, he climbed into a silver van and left the facility without making any comments.
The van later stopped at a building in Tokyo and Ghosn, without any disguise, was seen getting out of the car with a man. They then walked into an elevator.
He was arrested in November and is charged with falsifying financial reports and breach of trust. He'd been held at a detention centre in Tokyo for more than three months.
The former head of the Renault-Nissan-Mitsubishi Motors alliance is charged with falsifying financial reports and breach of trust.
He's denied the charges.
Ghosn's lawyers have offered conditions for his release, such as a surveillance camera at the doorway, and a promise not to use the internet. He is allowed to make voice calls, but he cannot travel abroad.
His French lawyer cautioned that prosecutors still had leeway to file new charges.
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