Former Nissan Chief Carlos Ghosn granted bail

ANI
25 Apr 2019, 10:07 GMT+10

Tokyo [Japan], Apr 25 (ANI): A Tokyo court on Thursday granted bail to former Nissan Chief Carlos Ghosn for the second time since his arrest last year on financial misconduct charges.

His bail has been set at USD 4.5 million, reported The Japan Times.

Ghosn was arrested on April 4 for the fourth time over allegations of misusing the company's funds for personal purposes. Prosecutors alleged that Ghosn had transferred some of Nissan's funds to his personal bank account, causing the automaker a loss of USD five million.

The former Nissan chief was earlier released on bail on April 5 following 108 consecutive days in detention, during which he was indicted on charges of an aggravated bench of trust and underreporting his remunerations for Nissan Motors.

Ghosn has also been removed from the board of directors of the company, along with partners Renault SA and Mitsubishi Motors Corporation, during the prolonged detention initiated by his initial arrest in November. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.

More Information

null in null

Small Business

Section

Couldn't understand maths but it does not define me: Boman Irani on his struggles with dyslexia

New Delhi [India], June 20 (ANI): Bollywood actor Boman Irani, known for his standout roles in 'Munna Bhai MBBS', '3 Idiots', and 'Khosla...

CAMEROON-CHINESE SOLAR PRODUCTS-BETTER LIVES

(250620) -- YAOUNDE, June 20, 2025 (Xinhua) -- Arnaud Igor Tchokote, Wilmosolar's marketing director, shows solar panels imported from...

Ahmedabad man recovers 70 tolas of gold, cash from plane crash site during rescue efforts; hands it to authorities

Ahmedabad (Gujarat) [India], June 19 (ANI): Rajesh Patel, a businessman and an eyewitness to the tragic AI171 plane crash on June 12,...

Raja Raghuvanshi's brother alleges Sonam and others misled police, demands remand extension

Indore (Madhya Pradesh) [India], June 19 (ANI): Vipin Raghuvanshi, brother of the deceased Indore-based businessman Raja Raghuvanshi,...

Walmart Vriddhi partners to empower additional 100,000 MSMEs for Business Growth by 2028

New Delhi [India], June 19 (ANI): Walmart's supplier development program, Walmart Vriddhi, has partnered with Ideas to Impact Foundation...

"Bollywood is not responsible for late or early bloomers": Boman Irani on success, failures of actors in Indian film industry

By Palash Srivastava New Delhi [India], June 19 (ANI): Actor Boman Irani debuted in the film industry at the age of 44 and directed...

Automotive

Section

Karisma Kapoor gets emotional as she attends final rites of ex-husband Sunjay Kapur with her kids Samaira, Kiaan, Kareena, Saif join family

New Delhi [India], June 19 (ANI): Bollywood actress Karisma Kapoor attended the last rites of her ex-husband Sunjay Kapur in Delhi...