Ghosn Makes Play for Bail as Court Says No to More Jail Time

  • Japanese prosecutors lose appeal to keep executive detained
  • Lawyers say Ghosn intends to plead not guilty in his trial
Bloomberg’s Kurumi Mori reports on a Tokyo court’s decision to rejected a request to extend Ghosn’s jail detention. (Source: Bloomberg)
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Auto titan Carlos Ghosn’s chances of getting out of jail were bolstered after a Japanese court refused a bid by prosecutors to extend his month-long detention, clearing the way for lawyers to seek his release on bail.

The Tokyo District Court on Thursday dismissed an appeal by Japanese prosecutors to prolong the 64-year-old former Nissan Motor Co. chairman’s imprisonment. Lawyers for Ghosn, who was arrested Nov. 19 and later indicted for under-reporting his income at the carmaker, can now seek his freedom before the high-profile case goes on trial.