Home > Ghosn Released On $9 Million Bail, Agrees To A Number Of Conditions

Ghosn Released On $9 Million Bail, Agrees To A Number Of Conditions


According to a report by Reuters, after paying 9 million dollars in bail, former Nissan chief Carlos Ghosn has been released from Japanese prison, however he must live under a host of restrictions while awaiting a trial that may still be a year away. Rules that Ghosn must obey include no internet access, no email, and surveillance cameras that monitor his residence. Reuters reports that Ghosn, a French, Braxilian and Lebanese citizen, was indicted for under-reporting his salary and breach of trust. Ghosn is also reportedly prohibited from leaving Japan, which was widely expected, but must also remain in Tokyo. He must also ask the court’s permission if he wants to leave his house for more than two nights.

Added on the 08/03/2019 11:58:21 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Ex-Nissan Boss Ghosn Posts $4.5 Million Bail, Released From Jail

    According to a report by Reuters, on Thursday, former Nissan boss Carlos Ghosn was released from a Japanese jail after posting 4.5 million dollar bail and agreeing to conditions that include limited contact with his wife. Ghosn was reportedly re-arrested earlier this month on new charges of misusing company funds. A witness reportedly claimed that Ghosn left the Tokyo detention center around 10pm on Thursday, dressed in a dark suit and white shirt.

    25/04/2019 - Wochit
  • Carlos Ghosn Leaves Jail After $9 Million Bail

    Hong Kong (CNN Business)Carlos Ghosn left a Tokyo jail on Wednesday after spending more than three months in detention on allegations of financial misconduct, Japanese media reported. Ghosn, the former head of Nissan (NSANF) and Renault (RNLSY), walked out of out of a detention center after posting bail of 1 billion yen ($9 million), according to public broadcaster NHK. He's required to stay in Japan and will be closely monitored. An appeal by prosecutors against the bail decision was rejected. One of the most prominent figures in the global auto industry, Ghosn is awaiting trial on charges he understated his income for years and abused his position by transferring personal investment losses to Nissan.

    06/03/2019 - Wochit
  • Ghosn Out On Bail

    According to Business Insider, Former Nissan Chairman and Renault CEO Carlos Ghosn is out on bail. Ghosn paid one of the largest bail fees in the history of Japan 1 billion yen ($8.9 million) after being held for 108 days. After his release, Ghosn suggested he had been through a "terrible ordeal." His bail request came after two previously failed attempts to leave jail. Ghosn was kept in solitary confinement and denied access to the outside world. Prosecutors say Ghosn reported only half of his massive salary to the government.

    06/03/2019 - Wochit
  • Hellboy Already Being Released On Amazon Prime Video?

    Neil Marshall's Hellboy reboot may be coming to streaming services quicker than expected.

    25/06/2019 - Wochit
  • Ghosn Chafes Under Bail Conditions

    Reuters reports that former Nissan Chairman Carlos Ghosn was released on bail from a Tokyo jail on Thursday. Ghosn said he was grateful bail had been granted. However, he denounced conditions limiting contact with his wife the Tokyo District Court put in place. Ghosn cannot meet or otherwise communicate with his wife Carole without prior permission, according to his defense lawyer. Ghosn added that he maintains his innocence.

    25/04/2019 - Wochit
  • Masques de protection : Emmanuel Macron souhaite que la France retrouve son indépendance

    Alors que le nombre de personnes hospitalisées ne cesse d'augmenter, les personnels soignants en première ligne dénoncent le manque de masques. La France en a commandé plus d'un milliard, car les stocks d'Etat avaient été réduits par le passé.

    31/03/2020 - Euronews FR