TOKYO: Former Nissan Motor Co Chairman Carlos Ghosn was set to be released on US$8.9 million bail on Wednesday after a Tokyo court rejected a last-minute attempt by prosecutors to keep the once-feted executive in prison.
The release would allow Ghosn, who turns 65 on Saturday, to meet his newly hired legal team frequently and build a defense ahead of his trial. Ghosn faces charges of aggravated breach of trust and under-reporting his compensation to the tune of US$82 million at Nissan for nearly a decade.If convicted on all the charges, he faces up to a decade in jail. The ex-chairman of Nissan, Renault SA and Mitsubishi Motors Corp has denied any wrongdoing.
The case has cast a harsh light on Japan's criminal justice system, which allows suspects to be detained for long periods and prohibits defense lawyers from being present during interrogations that can last eight hours a day.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ousted Nissan boss Ghosn to leave prison after court rejects prosecutors' appealA Japanese court on Tuesday rejected a last-minute attempt by prosecutors to keep former Nissan Motor Chairman Carlos Ghosn in prison, ruling that ... It’s gonna be hard but it would be nice if everyone could just support the lads and be encouraging
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Ousted Nissan boss Ghosn set to leave prison after court rejects prosecutors' appealTOKYO: A Japanese court on Tuesday rejected the latest attempt by prosecutors to keep former Nissan Motor Chairman Carlos Ghosn in prison, ruling ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tokyo court grants bail to Ghosn after 107 days in jailTOKYO: A Tokyo court on Tuesday (Mar 5) granted bail to Carlos Ghosn, the ousted chairman of Nissan Motor who is fighting charges of financial ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tokyo court grants bail to Ghosn after 107 days in jailTOKYO (REUTERS) - A Tokyo court on Tuesday (March 5) granted bail to Carlos Ghosn, the ousted chairman of Nissan Motor Co Ltd who is fighting charges of financial misconduct, after more than three months in detention, Ghosn's lawyer said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Carlos Ghosn's new legal team has applied for bail: Tokyo district courtCarlos Ghosn's new legal team has applied for bail for the ousted Nissan Motor Co Ltd chairman, the Tokyo District Court said on Thursday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »