By Canadian Press

Nissan ex-chair Ghosn’s release on bail approved by court

Apr 24, 2019 | 8:12 PM

TOKYO — A Japanese court has approved the release for detained Nissan ex-chair Carlos Ghosn on 500 million yen, or $4.5 million, bail.

Prosecutors can appeal the decision made Thursday by the Tokyo District Court. His lawyers can also push for his release.

Ghosn was arrested in November, released on bail in March but re-arrested in April on new allegations and taken to Tokyo Detention Center.

He has been charged with falsifying financial documents in under-reporting post-retirement compensation and breach of trust in diverting Nissan money and having it shoulder his personal investment losses.

One Man's Opinion

COLLINS: We need more money trees at Christmas

9h ago

Two and Out

PETERS: Term limits for prime ministers? Seems like a good idea now

Dec 20, 2024

Looped In

LOOPED IN WITH NIKKI OMEN: December 19, 2024

Dec 20, 2024

Ghosn says he is innocent.

The Associated Press