Home > Ghosn Out On Bail Again

Business
Ghosn Out On Bail Again

Description

Disgraced former Nissan Chairman Carlos Ghosn has been granted bail. Ghosn was set to walk out of a Japanese detention center for a second time since his arrest last year on financial misconduct charges. Business Insider reports Ghosn posted the $4.5 million bail set by a Tokyo court on Thursday. Bail will enable the former titan of the global auto industry to better prepare for his criminal trial expected later this year. Ghosn is facing a charge of aggravated breach of trust and three other accusations of financial misdoing during his time as Nissan chairman.

Added on the 25/04/2019 06:38:09 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Ex-Nissan chief Carlos Ghosn leaves detention centre (2)

    Former Nissan chief Carlos Ghosn leaves the Kosuge Detention Centre in Tokyo, after accepting bail of $4.5 million under strict conditions that prevent him from seeing his wife without prior court approval. IMAGES / COMPLETES VID1336021_EN

    25/04/2019 - AFPTV - First images
  • Ex-Nissan Head Ghosn Wants Bail

    TOKYO (Reuters) - Nissan ex-Chairman Carlos Ghosn has requested his release on bail after being indicted in Tokyo on Friday on two new charges, his lawyers said, as the once-feted auto executive awaits a lengthy criminal trial that could be as long as six months away. FILE PHOTO - Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends at the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018.

    11/01/2019 - Wochit
  • Ghosn Denied Bail

    Business Insider reports a Tokyo District Court says it has turned down a request by Nissan's former chairman Carlos Ghosn's for release on bail. The move will prolong Ghosn's detention indefinitely. Ghosn was arrested on Nov. 19. He has been charged with falsifying financial reports in underreporting his income. He is also charged with breach of trust in having Japanese automaker Nissan Motor Co. shoulder investment losses. Ghosn also got Nissan to make payments to a Saudi businessman.

    15/01/2019 - Wochit
  • Ghosn Offers To Wear Ankle Tag For Bail

    Ousted Nissan Motor Co Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes. According to reuters, Ghosn's spokeswoman said he is also willing to remain in Tokyo, where he has leased an apartment, and post stock he owns in Nissan as collateral,. A new bail hearing is set for Monday after an earlier request was denied due partly to concerns the French executive was a flight risk.

    21/01/2019 - Wochit
  • Carlos Ghosn Offers To Wear Ankle Tag For Bail

    According to Reuters, disgraced automotive executive Carlos Ghosn has offered to wear an electronic ankle tag for his release on bail. The former CEO of Nissan was apprehended by Japanese authorities about two months ago for alleged financial crimes. Ghosn is also willing to remain in Tokyo with hired guards to monitor him at a leased apartment. The Tokyo District Court is expected to make a decision on Ghosn's proposal within a day.

    21/01/2019 - Wochit

More videosBusiness

Watch video of Shares Of Blue Apron Dipped To An All-time Low. The Meal-kit Subscription Dropped To $1.81 Per Share On Tuesday. The Company Has Faced Increasing Pressures From Competition, Like HelloFresh. Big Companies Like Walmart And Amazon Entering Its Space. In March, Walmart Announced It Was Launching Its Own Line Of Meal Kits. The Company Has Struggled To Attract New Customers And Retain Old Ones Since Going Public Last June. - Blue Apron Shares Drop To A New Low - Label : Wochit -
Business

Blue Apron Shares Drop To A New Low

03/04/2018 21:21:24