Ghosn Claims Innocence after Court Grants Him Bail

Society

New York, March 5 (Jiji Press)--Former Nissan Motor Co. <7201> Chairman Carlos Ghosn, who has been detained by Japanese authorities for over 100 days for his alleged financial misconduct, claimed his innocence on Tuesday after a Tokyo court approved earlier in the day his release on bail.

In a statement issued through his agent in the United States, Ghosn said that he is innocent and will do his best to vigorously defend himself from an unfounded accusation against him in a fair rial.

Ghosn also expressed his gratitude for his family and friends, and human rights activists in and outside Japan who are fighting for the principle of presumed innocence and fair trials.

On Tuesday, Tokyo District Court approved the third bail application for Ghosn, after the first and second applications were turned down earlier this year. Following the court decision, Ghosn is expected to be released shortly.

Ghosn has been detained since his first arrest on Nov. 19, 2018, by the special investigation squad of the Tokyo District Public Prosecutors Office.

He has been indicted for allegedly understating his pay from Nissan in violation of Japan's financial instruments and exchange law and on suspicion of aggravated breach of trust by the transfer of his personal financial loss to the Japanese automaker, an act against the companies law.

Ghosn was dismissed as Nissan chairman days after the first arrest.

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