Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Tokyo court grants bail to former Nissan boss Carlos Ghosn

AFP
Updated: April 25th, 2019, 10:10 IST
in Business, International
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Tokyo: A Japanese court granted Carlos Ghosn bail Thursday, meaning the former Nissan boss could soon walk out of his Tokyo detention centre to prepare his defence against multiple charges of financial misconduct.

The Tokyo District Court set bail at 500 million yen ($4.5 million) as the 65-year-old auto sector legend faces four charges ranging from concealing part of his salary from shareholders to syphoning off Nissan funds for his personal use.

Also Read

Imran Khan

Imran Khan bail pleas stay pending as Pak SC adjourns hearing

1 hour ago
Kremlin

21 civilians die in Russian attacks as Kremlin dismisses Trump warnings

3 hours ago

Prosecutors are likely to appeal the court’s decision, delaying his immediate release but public broadcaster ‘NHK’ said he could walk out of his detention centre ‘as early as Thursday’.

Ghosn denies all the charges, with a spokesperson for the executive saying Monday he would ‘vigorously defend himself against these baseless accusations and fully expects to be vindicated’.

The spokesperson said Ghosn was being detained ‘under cruel and unjust conditions, in violation of his human rights, in an effort by prosecutors to coerce a confession from him’.

He was hit Monday with what experts have described as the most serious charges yet as prosecutors accused him of syphoning off $5 million of Nissan cash transferred from the company to a dealership in Oman. He also faces two charges of deferring some $80 million of his salary and hiding this in official documents to shareholders and seeking to shift personal investment losses to the firm during the 2008 financial crisis.

Ghosn has already been granted bail once, posting $9 million and vowing not to leave Japan and to live in a small court-appointed apartment in central Tokyo – a far cry from his former luxury suite.

Last time he left the detention centre in northern Tokyo, he was dressed in a cap, face mask and workman’s uniform in an apparent attempt to evade dozens of journalists from around the world hoping to snap a picture of the fallen tycoon.

Ghosn was preparing to hold a much-anticipated news conference to ‘tell the truth’ about his case but he was re-arrested shortly beforehand to face questioning about the alleged $5 million embezzlement.

Clearly aware he was about to return to custody, Ghosn pre-recorded a video in which he attacked ‘backstabbing’ Nissan executives of a ‘plot’ against him, as they feared closer ties with French partner Renault.

Tags: bailNissanRenaulttokyo
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019

Archives

Editorial

Good Sense Prevails

Volodymyr Zelenskyy
July 29, 2025

Ukrainian President Volodymyr Zelenskyy has just in time refrained from a suicidal course that was going to turn his own...

Read more

Greener Route

July 28, 2025

In a landmark ruling that has come as a shot in the arm for the global climate movement, the International...

Read more

Showing The Mirror

Aakar Patel
July 27, 2025

“Joint-family and indissoluble marriage have been the basis of Hindu society. Laws that alter this basis will ultimately lead to...

Read more

Honeytrap Alarm

July 26, 2025

If your password is still “1234” and you think a luxury hotel room is a safe space, you’re probably not...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST