Carlos Ghosn Released on $9M Bail Amid Financial Misconduct Allegations

N

Nyakundi Report

Newsroom 1 min read

Carlos Ghosn, former Nissan chairman, was released from Tokyo Detention House on a $9 million bail on March 6, 2019, after denying allegations of financial misconduct that he called 'meritless.' The former auto industry leader exited the facility in a workman's uniform and glasses, appearing unrecognizable from his usual corporate attire.

The 1 billion yen (approximately $9 million) bail, one of Japan's largest, followed a court rejection of prosecutors' final appeal to keep him incarcerated. Ghosn agreed to strict conditions, including surrendering his passport, installing surveillance cameras at his residence, and restricting internet and mobile communication access.

He faces charges of underreporting his salary by $82 million at Nissan over nearly a decade and aggravated breach of trust. If convicted, Ghosn could receive up to 15 years in prison. In a statement, he declared his innocence and commitment to a 'fair trial' against 'unsubstantiated accusations.'

The French government welcomed his release, noting it would enable Ghosn to better defend himself. His new legal team, led by attorney Junichiro Hironaka, has signaled a shift toward challenging the case's handling, criticizing Japan's detention practices as outdated compared to international standards.

Ghosn's arrest in 2018 disrupted the Nissan-Renault-Mitsubishi alliance, which he helped establish. Despite his release, he remains subject to a criminal justice system with a 99.9% conviction rate.

Next read

Did Wife's Secret Affair with Female Lover Lead to Edward Gichigo's Death?

31 July 2026 · 5 min read

Six years after Edward Gichigo died in what was first reported as a hit‑and‑run in Kitengela, his family is demanding a fresh...