Carlos Ghosn is granted bail by Tokyo court again

Nissan Motor Corp. CEO Carlos Ghosn looks on during a news conference held at the company's headquarters in Yokohama, Japan, Jun. 27, 201. EPA-EFE FILE/KOICHI KAMOSHIDA

TOKYO.- Carlos Ghosn was granted bail by a court in Tokyo, paving the way for him to be released as early as Thursday, according to a Dow Jones report supplied to EFE.

The court set bail at Yen500 million ($4.5 million), which Mr. Ghosn’s lawyers must deposit with the court before he can be released.

Tokyo prosecutors had fought this week to keep Mr. Ghosn in jail and to restrict his contact with family members. Prosecutors can still appeal Mr. Ghosn’s release on bail.

The former Nissan Motor Co. chairman was previously released on Mar. 6 on bail of Yen1 billion ($8.9 million) after spending more than three months in detention. He was out of jail for about a month before being arrested again in early April.

While in jail, he was interrogated by prosecutors for four hours on average every day without the presence of his lawyers, which is typical in Japan.

Mr. Ghosn was indicted Monday on charges that he misappropriated $5 million of Nissan funds sent to an overseas distributor. Lawyers for Mr. Ghosn identified the company as Oman-based Suhail Bahwan Automobiles.

Mr. Ghosn has said he is innocent of all the charges he faces.

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