Ghosn Denied Bail Yet Again With Trial Still Months Away

  • Fallen car titan had sought release to start mounting defense
  • Former Nissan chairman now in third month of Tokyo detention
Carlos GhosnPhotographer: Calvin Sit/Bloomberg
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Carlos Ghosn’s bail application was rejected again, even after the fallen car titan offered to wear an electronic tracker and be monitored by guards to end his custody that has now lasted more than two months.

The latest rejectionBloomberg Terminal by a Tokyo court is a win for the prosecutors, who can now keep Ghosn detained as they continue to build their case ahead of an eventual trial that could be as long as six months away. The former Nissan Motor Co. chairman had also offered to surrender his passports and give shares as collateral.