Car Manager Carlos Ghosn is free on bail

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The Ex-boss of Renault, Nissan and Mitsubishi must have come to pay 7.9 million euros, and is therefore – reasonably – free. Ghosn is said to have violated stock Exchange regulations and private losses Nissan transfer.

Carlos Ghosn (with face mask) when you Leave the prison in Tokyo

In Japan, on remand seat car Manager Carlos Ghosn has come out on bail. He left on Wednesday in a prison in Tokyo. The reports in the Japanese media. A district court in Tokyo had rejected on Tuesday evening an appeal by the public Prosecutor and the release of the 64-Year-olds approved subject to certain conditions. The Deposit amount is according to media reports, 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)