Carlos Ghosn Released on $8.9 Million Bail After 100-Day Detention

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Nyakundi Report

Newsroom 1 min read

Carlos Ghosn, the former chairman of Nissan Motor Co, was released on $8.9 million bail following a Tokyo court's rejection of prosecutors' last-minute bid to keep him detained. The 100-day incarceration ended after his legal team assured authorities of compliance with surveillance measures.

Ghosn, who was arrested in November 2018, faces charges of misreporting compensation and breach of trust. The 65-year-old executive, set to turn 65 this weekend, will now work with a newly hired legal team to prepare for his trial. His statement emphasized his commitment to a

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