The Ex-boss of Renault, Nissan and Mitsubishi have to shell out EUR 7.9 million to come on – halfway – free. Ghosn is said to have violated stock Exchange regulations and private losses to the Nissan transfer.
To arrive in Japan on remand seat car Manager Carlos Ghosn on bail. The district court ruled in Tokyo. It rejected on Tuesday evening an appeal by the public Prosecutor and approved the release of the 64-Year-olds, with conditions attached, such as Japanese media reported. The Deposit amount is one billion Yen (equivalent of EUR 7.9 million). According to the news Agency Kyodo, Ghosn is not allowed to leave Japan for the time being. He also accepted the condition that at the entrance of his house, a security camera must be installed.
Up to the process, it can take months
The 64-year-old Ghosn, who saved Nissan from Bankruptcy and together with Renault and Mitsubishi, a powerful international Alliance was forged, was on 19. November in Tokyo for violation of stock exchange requirements and later charged. In addition, he shall declare, according to the Prosecutor’s office for many years, a low income at Nissan and personal losses to the car maker.
Ghosn protested his innocence and said in court of a conspiracy against him. After repeated failed applications for bail, Ghosn had replaced recently, his Japanese lawyer. As a result, the lawyer Junichiro Hironaka took over his defense. This has been represented by several prominent accused, and often acquittals are achieved. A date for a trial against Ghosn in Japan yet. Until then, might be months.
Renault also launched investigations
The Japanese had fired the once celebrated Manager shortly after the arrest. At Renault, Ghosn stepped back later. Also, the French group launched investigations into possible irregularities, and wants to complete it until spring.
Ghosns tasks at Renault were split up. Jean-Dominique Senard took over the presidential post and is also available for the Ghosn-designed Alliance with Nissan responsible. As the car-the Alliance is led with the Japanese manufacturers Nissan, remains to be seen. In the Alliance with Renault, it is important that each Partner own autonomy, said the new Nissan chief Hiroto Saikawa, recently. An excessive concentration of Power, such as under Ghosn should be avoided in the future.
sti/uh (afp, dpa, rtr)