Ex-Nissan chair Carlos Ghosn pays $9M bail in financial misconduct case

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Ex-Nissan chair Carlos Ghosn pays $9M bail in financial misconduct case
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Former Nissan Motor Chairman Carlos Ghosn paid $8.9 million bail, the Tokyo District Court said, clearing the way for his release from the Tokyo detention center where he has been held for more than 100 days.

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The former head of the Renault-Nissan-Mitsubishi Motors has proclaimed his innocence since his arrest last year on the charges of falsifying financial information and breach of trust. Ghosn was dismissed as NIssan's chariman but continues to serve on the board, pending a decision at a shareholders' meeting.

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