Ghosn Set to Be Released on Bail After Prosecutors’ Appeal Fails

Embattled ex-executive vows to fight ‘meritless’ accusations
Renault CEO Bollore says company probe hasn’t turned up issues

Carlos Ghosn may be released on bail as soon as Wednesday. Bloomberg’s Dave McCombs reports.(Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Jie Ma and Lisa Du

March 5, 2019 at 3:56 AM UTC

Updated on

March 5, 2019 at 11:13 PM UTC

This article is for subscribers only.

Carlos Ghosn, the auto industry luminary locked up since November, may be released on bail as soon as Wednesday after a Tokyo court rejected a prosecution attempt to keep him behind bars.

Late on Tuesday night in Japan, the court refused the appeal against Ghosn’s release on a 1 billion-yen ($8.9 million) bond. The former Nissan Motor Co. chairman could be out within hours, as long as the bail is paid and authorities don’t seek to extend his detention by arresting him on new charges.