5 Mar 19

Ghosn bail granted

The Tokyo District Court has granted bail to Carlos Ghosn. According to CNN, former NISSAN CEO is released on the contition of payment of JPY 1 billion (USD 9 million); he has to stay in Japan.

This is Ghosn third attempt for bail. If found guilty, he could face up to 15 years of imprisonment.

Since his arrest on November 19th, Ghosh has maintained the position that he's the victim of a plot and that he's being kept "hostage" of the Japanese judiciary system. Greg Kelly, arrested on the same day as Ghosn, has already been released on Christmas day and charged with under-reporting Ghosn's income

Authored by: Yves Helven