Carlos Ghosn Secures $9M Bail, Exits Tokyo Detention After 100 Days

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Nyakundi Report

Newsroom 1 min read

Tokyo authorities confirmed former Nissan Motor Chairman Carlos Ghosn has been released from detention after posting 1 billion yen ($9 million) bail, ending his 100-day custody period. The move follows a court rejection of prosecutors' last-ditch effort to keep him imprisoned.

Ghosn, who was arrested November 19, 2018, faces allegations of underreporting $82 million in compensation at Nissan over nearly a decade. The Tokyo District Court approved his release on condition he surrender his passport, submit to surveillance, and install home monitoring systems.

The former auto industry leader has called the charges "meritless" and plans to challenge them. His legal team assured the court he would remain in Tokyo, with restrictions including limited internet access and prohibited communication with case participants.

The release comes amid heightened media scrutiny, with French embassy vehicles and news crews stationed outside the detention center. Ghosn's case has drawn international attention due to its implications for corporate governance in Japan.

Reuters reporting by Tim Kelly and Naomi Tajitsu; writing by Naomi Tajitsu and Chang-Ran Kim; editing by Darren Schuettler and Christopher Cushing

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