Tokyo, : A Tokyo court on Thursday approved release of Former Nissan Motor Co Chairman Carlos Ghosn on 500 million yen ( 4.5 Mln dollar) bail.
The Tokyo District Court said in a statement on Thursday that it had approved a bail request from Ghosn’s defence team after his lawyers filed the request following his indictment for aggravated breach of trust, reported Al Jazeera.
Prosecutors reportedly plan to challenge the decision. The decision has marked the second court ruling to release Ghosn on bail in two months.
Earlier, Ghosn was released last month, but then re-arrested on April 4 on the new charges, returning to the same Tokyo detention centre where he had previously spent 108 dates following his first arrest in November.
Meanwhile, Ghosn has denied all the charges against him.
“This is a conspiracy .. this is not about greed or dictatorship, this is about a plot, this about a conspiracy, this is about a backstabbing,” Ghosn said last month in a video message.
Earlier this month, Nissan said it had filed a criminal complaint against its former boss “after determining that payments made by Nissan to an overseas vehicle sales company via a subsidiary were in fact directed by Ghosn for his personal enrichment and were not necessary from a business standpoint”.
Ghosn will be free to leave the detention centre after posting bail, but his movements and communications will likely be strictly monitored and restricted in line with his previous bail conditions.
(UNI)
