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Nissan's Ghosn crisis

Ghosn granted bail on third request

Tokyo prosecutors' last-ditch appeal only thing standing in way

Former Nissan Chairman Carlos Ghosn was granted bail by a Tokyo court on March 5.

TOKYO -- The Tokyo District Court has granted former Nissan Motor Chairman Carlos Ghosn's third request for bail, after more than 100 days in detention, giving his new defense team a welcome victory as they prepare for his trial this autumn on charges of financial misconduct.

Ghosn was not released immediately after the court's decision on Tuesday, as the Tokyo District Public Prosecutors' Office filed a swift appeal. A ruling on the appeal could follow quickly, sources said, allowing the embattled businessman to walk free as soon as Tuesday evening.

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