ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Nissan's Ghosn crisis

Lawyers request bail for ex-Nissan Chairman Ghosn for 3rd time

Ex-Nissan Chairman Carlos Ghosn has been detained for nearly four months.   © AP

TOKYO (Kyodo) -- Lawyers for Nissan Motor's former Chairman Carlos Ghosn filed a request for bail with a Tokyo court on Thursday for the third time, as he has remained in detention for more than three months on financial misconduct allegations.

The latest filing with the Tokyo District Court is the first bail request by lawyers newly appointed this month, including Junichiro Hironaka, known for winning acquittals in high-profile cases.

His previous defense team led by Motonari Otsuru, a former head of the special squad of Tokyo prosecutors investigating the financial misconduct allegations, made two requests in January.

A Japanese court in principle grants bail when there is no risk of a suspect fleeing or destroying evidence.

Ghosn, 64, has been charged with understating his remuneration for a number of years in Nissan's securities reports and transferring derivatives losses from his private asset management company to the Japanese automaker. He denies the allegations.

The former executive appeared at the court last month seeking an explanation for his continuing detention, his first public appearance since his arrest in November. The court said he needed to be detained as he could destroy evidence and flee Japan.

Hironaka, known in judicial circles as the "acquittal guarantor," has told reporters that he is "confident that (Ghosn) is innocent" on both charges and it is "extremely odd that a matter which should be resolved internally by a company has been brought to prosecutors."

The arrest of Ghosn on Nov. 19 came as prosecutors and a Nissan executive cooperating with the investigation struck a plea bargain agreement.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media