Ghosn’s release on bail approved by court

Reuters file photo Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends an event in Paris on Oct. 1, 2018.

TOKYO, Apr 25, 2019, AP. A Japanese court has approved the release for detained former Nissan Chairman Carlos Ghosn on ¥500 million ($4.5 million) bail, reported The Japan News.

Prosecutors can appeal the decision made Thursday by the Tokyo District Court. His lawyers can also push for his release.

Ghosn was arrested in November, released on bail in March but re-arrested in April on new allegations and taken to the Tokyo Detention House.

He has been charged with falsifying financial documents in under-reporting post-retirement compensation and breach of trust in diverting Nissan money and having it shoulder his personal investment losses.

Ghosn says he is innocent.

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