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The Japan News/Yomiuri
The Japan News/Yomiuri
Business
The Yomiuri Shimbun

Ghosn's 3rd bail request approved

Carlos Ghosn (Credit: The Yomiuri Shimbun)

The Tokyo District Court on Tuesday approved the release on bail of Carlos Ghosn, the former Nissan Motor Co. chairman.

Bail was set at 1 billion yen (about 9 million dollars).

Ghosn has been charged with aggravated breach of trust in violation of the Companies Law for allegedly causing damage to Nissan after transferring his personal investment loss to the company.

This third request for release on bail was filed on Feb. 28 by Ghosn's attorneys.

Read more from The Japan News at https://japannews.yomiuri.co.jp/

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