Tokyo court says lawyers again seeking Ghosn release on bail

In this May 12, 2016, photo, former Nissan Motor Co. President and CEO Carlos Ghosn speaks during a press conference in Yokohama, near Tokyo. Lawyers for Ghosn, the former Nissan Motor Co. chairman detained for more than three months in Japan, requested his release on bail Thursday, Feb. 28, 2019, the Tokyo District Court said. Two earlier requests were rejected.

Ghosn, who led Nissan for two decades, has been held since his arrest at a detention facility in Tokyo. He recently hired a new defense lawyer, Junichiro Hironaka, who has a reputation for winning acquittals in a system where 99 percent of the cases end with guilty verdicts. Ghosn has offered to wear an electronic monitoring device and hire security guards. But such offers for bail are not standard in Japan, where suspects are routinely detained until preparations for their trials are complete. That may take months. No date for his trial has been set.

yurikageyama Being too successful has a price. Without Mr Ghosh, Nissan would probably have gone bankrupt. An issue that is hard to swallow by the current Nissan management now Nissan has recovered and appears to be running well.

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