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Ex-Nissan chief Carlos Ghosn granted bail after 3 months

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A Tokyo court on Tuesday granted bail to former auto industry titan Carlos Ghosn, who has spent more than three months in a detention cell.

The auto tycoon is expected to walk out of the custody centre in northern Toyko after the court rejected a last-ditch appeal from prosecutors to block his release.

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The 64-year-old faces three charges of financial misconduct over allegations he under-reported his compensation and tried to shift losses to Nissan’s books.

He has strongly denied the claims, and said in a statement overnight he was looking forward to his day in court.

“I am innocent and totally committed to vigorously defending myself in a fair trial against these meritless and unsubstantiated accusations,” he said.

Prosecutors could still seek to rearrest Ghosn if they file new allegations against him, but for now the auto tycoon is out of detention thought still facing strict limits on his movement and communications.

Ghosn had applied for bail twice previously without success, but he shook up his legal team last month, hiring renowned defence attorney Junichiro Hironaka, who quickly filed a new request.

The court had previously justified Ghosn’s ongoing detention by saying he posed a flight risk and could seek to destroy evidence, so Hironaka’s bail request offered restrictions intended to win the court’s trust.

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