Tag: Ghosn

Ghosn out on bail after more than 100 days

by Harumi OZAWA / Natsuko FUKUE TOKYO, Japan (AFP) — Former Nissan chief Carlos Ghosn left his Tokyo detention center Wednesday after more than 100 days in custody, following a shock court decision granting him bail of one billion yen ($9 million). Ghosn left the detention center in northern Tokyo flanked by guards, wearing a blue cap, a white medical face mask and a work jacket with orange reflective stripes. Unrecognisable from the tycoon who […]

Tokyo court grants ex-Nissan chief Ghosn bail: media

TOKYO, Japan (AFP) — A Tokyo Court on Tuesday granted ex-Nissan chief Carlos Ghosn bail, local media reported, in a shock decision that could see the auto tycoon freed after more than three months of detention. The court reportedly set the bail at one billion yen ($9 million), but prosecutors are likely to appeal the decision and could even file additional allegations against Ghosn to keep him from leaving detention. © Agence France-Presse

Ex-Nissan chief Carlos Ghosn makes fresh bail request

TOKYO, Japan (AFP) — Lawyers for former Nissan chief Carlos Ghosn on Thursday filed a fresh bail request for the auto titan who has been detained for more than three months, the Tokyo District Court said. It is the first bail request filed by the 64-year-old since he shook up his legal team as he crafts his defence to three charges of financial misconduct. The former high-flying executive has been in detention since his shock […]

Ghosn says arrest was result of ‘plot and treason’: Nikkei

TOKYO, Japan (AFP) — Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a “plot and treason” at his former employer Nissan, he told the Nikkei newspaper Wednesday. The Japanese business daily quoted Ghosn as saying he had “no doubt” that the charges against him were motivated by Nissan executives opposed to greater integration of the firm with its French alliance partner Renault. It was the first […]

Ghosn vows to stay in Japan if granted bail

by Richard CARTER Agence Fance Presse TOKYO, Japan (AFP) — Carlos Ghosn, the ousted Nissan boss detained in Tokyo on charges of financial misconduct, on Monday vowed to remain in Japan if granted bail and again proclaimed his innocence. The Tokyo District Court will later Monday consider the 64-year-old’s latest petition for bail but has already rejected previous applications, judging Ghosn a flight risk who might seek to destroy evidence. “As the court considers my […]

Ghosn hit with more charges, release unlikely

by Hiroshi HIYAMA / Sara HUSSEIN Agence France Presse TOKYO, Japan (AFP) — Tokyo prosecutors on Friday filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell soon. Lawyers for the former jet-setting executive immediately said they would file a bail application, but have acknowledged that he will probably be detained until a trial. Ghosn denies any wrongdoing and argued […]

Ghosn set for court hearing in Japan over detention

by Miwa SUZUKI Agence France-Presse TOKYO, Japan (AFP) — Former Nissan Chairman Carlos Ghosn is likely to appear in a Japanese court next Tuesday to hear the reasons for his detention, after his lawyers deployed a little-used article of the Constitution. The shock move was the latest in a series of unexpected twists in a case that has gripped Japan and the business world since the once-revered auto tycoon was arrested on his private jet […]

Ghosn’s detention extended to Jan 11: media

TOKYO, Japan (AFP) — Former Nissan boss Carlos Ghosn will be spending the beginning of 2019 behind bars after a Tokyo court on Monday extended his detention through to January 11, local media reported. The decision, reported by public broadcaster NHK and local news agency Jiji Press, comes after Japanese prosecutors re-arrested Ghosn for fresh allegations on December 21, dashing his hopes of being home for Christmas. There was no immediate confirmation from the court. […]

Carlos Ghosn re-arrested over fresh allegations

by Kyoko HASEGAWA / Richard CARTER Agence France-Presse TOKYO, Japan (AFP) — Japanese prosecutors re-arrested former Nissan boss Carlos Ghosn over fresh allegations Friday, apparently dashing his hopes of being home for this coming holiday in the latest twist to a roller-coaster saga. The case of the once-revered 64-year-old tycoon has gripped Japan and the business world since he was arrested as he stepped off his private jet at Tokyo’s Haneda Airport on November 19. […]

Ghosn ‘may be released’ after Japan court rejects detention request

TOKYO, Japan (AFP) — A Japanese court on Thursday rejected prosecutors’ request to extend the detention of former Nissan chairman Carlos Ghosn after his arrest for financial misconduct, with local media saying he may now be released as early as Friday. The Tokyo District Court said a longer detention had been asked for, but was refused. Public broadcaster NHK said Ghosn may walk free on bail as early as Friday. Prosecutors have charged him with […]

Tokyo stocks close lower on trade war fears

TOKYO, Japan (AFP) — Tokyo stocks closed sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week. The benchmark Nikkei 225 index lost 2.12 percent or 459.18 points to end at 21,219.50, while the broader Topix index was down 1.89 percent or 30.64 points at 1,589.81. On Friday, major US stock indices slumped more than two percent to conclude a […]

Ghosn arrest lays bare frustration at Nissan

by Karyn NISHIMURA-POUPEE and Anne BEADE Agence France Presse TOKYO, Japan (AFP) — With Carlos Ghosn’s arrest, frustrations over the tycoon’s management style have burst into the open within Nissan, with some staff also weary of playing second fiddle to Renault and its French-state backers. Rumblings within Nissan have grown in intensity since the beginning of the year, analysts say, as the 64-year-old Brazil-born Frenchman appeared to be moving towards a complete merger with Renault […]