Carlos Ghosn – The former CEO of Renault: Release On Bail Approved

Carlos Ghosn - The former CEO of Renault: Release On Bail Approved

The Tokyo court said Thursday it approved the bail of Carlos Ghosn. To regain his freedom, the tycoon of the fallen automobile will have to pay 500 million yen (4.5 million francs). But the prosecution appealed.

The former CEO of Renault- Nissan was initially arrested on November 19 in Tokyo. He then paid one billion yen (9 million francs) to go out of the Kosuge district detention center on 6 March, after obtaining his first release on probation with house arrest in the Japanese capital. But the prosecutors decided barely a month later to call again on additional facts.

Carlos Ghosn is facing four charges for various financial malpractices, including concealment of income in stock market documents and two different cases of aggravated breach of trust.

Conditions not specified

The conditions imposed on his supervised release have not yet been specified. The previous time, he was forbidden to leave Japan, and he was also not allowed to use a smartphone connected to the internet and had access to a computer only during the week at set times in the office of his lawyer.

However, he had been able to find his family – his wife Carole and his daughters who came specially – in a rental apartment in Tokyo, registered with the court and of which he had no right to be absent more than three days.

Even before his first bail, Mr. Ghosn used several means – interview to some media including AFP, communicated, appearing at his request in court – to claim his innocence and denounce a plot hatched by Nissan against him .

Reported treatment

In a recent video, recorded before his re-arrest but made public a few days later, he also insisted on the thesis of the trap set by the leaders of the Japanese automaker to bring it down and thus stop the merger process. Renault-Nissan that he was preparing.

His wife, Carole Ghosn, has been mobilizing for weeks to denounce the treatment of her husband, a campaign supported by several foreign lawyers such as Japanese and international organizations who believe that the Japanese judicial system does not respect the rights of the defense.