Detained ex-Nissan exec Ghosn says he will stay in Japan if freed
- Economy
- Reuters
- Published Date: 12:00 | 21 January 2019
- Modified Date: 02:08 | 21 January 2019
Ousted Nissan Motor Co Chairman Carlos Ghosn said on Sunday he will remain in Japan and follow restrictions by local authorities in exchange for his release from jail in the latest effort to persuade a court to grant him bail while he awaits trial on charges of financial misconduct.
Ghosn, the veteran automotive executive detained since his arrest on Nov. 19, has asked a Tokyo District Court for the second time to grant him bail after a request last week was denied. A hearing is scheduled for Monday evening in Tokyo.
"I remain imprisoned in the detention center, 64 days after I was arrested, with no release in sight," Ghosn said in a statement on Sunday. "As the Court considers my bail application, I want to emphasize that I will reside in Japan and respect any and all bail conditions the Court concludes are warranted."
Ghosn has denied three Japanese charges of financial misconduct, including understating his salary for eight years and temporarily transferring personal financial losses to Nissan's books.
- EU, Moscow, Kiev meet to discuss Russian gas transits via Ukraine
- International tourists rise 6 pct to 1.4B in 2018, UN says
- World economic growth slowing due to trade tensions, IMF says
- World Economic Forum’s annual meeting to start Tuesday
- World's 26 richest people own as much as poorest half: report