He's facing a charge of aggravated breach of trust and three other accusations of financial misdoing during his time at the helm of Japan's No. 2 automaker.TOKYO - 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.
Ghosn has denied all four charges against him, which include understating his income and temporarily transferring personal financial losses onto Nissan's books. The once-feted executive will be free to leave the detention center where he has been in custody since his April 4 re-arrest, but his movements and communications will be strictly monitored and restricted to prevent fleeing the country and tampering with evidence, the court said.Ghosn's lawyers filed the bail request on Monday after the former executive was indicted for allegedly enriching himself at a cost of $5 million to Nissan from July 2017 through July 2018.
He was initially released last month, but then re-arrested earlier this month on the new charges, returning to the Tokyo detention center where he had previously spent 108 days following his first arrest in November.
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Japan Authorities Indict Carlos Ghosn For Fourth Time, Nissan Poised To Reject Full Renault MergerNissan management has acted as if it is not being treated as an equal partner and that a complete merger would solidify what it perceives as Renault’s dominant position. That dispute is at the heart of the legal fight between Nissan and its former CEO and chairman. This guy must av really pissed off some really powerful Japanese govt people with the way they are going after him. Or they just think no one man should av all that power
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Ex-Nissan boss Ghosn to walk free, again, after court sets bail at $4.5 millionFormer Nissan Chairman Carlos Ghosn to walk out of a Japanese detention center for the second time since his arrest last year on financial misconduct charges, after court sets bail at $4.5 million Till next time ....... Because bail is to avoid jail. Only for the rich. Poor people spend time in jail if they are not able to pay the bail. Rotten system in favour of the wealthy. What’s the deal with Carlos “Robber Baron” Ghosn wearing this Stanford hat all the time? Nissan
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Carlos Ghosn Is Granted Bail by Tokyo Court AgainFormer Nissan Chairman Carlos Ghosn was granted bail by a court in Tokyo, paving the way for him to be released as early as Thursday. This is considered punishment in Japan? Japan is showing the world that it's now a Communist Dictatorship. He saved Nissan and embarrassed the Japanese kiretsu. He is guilty of success.
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