Carlos Ghosn released on bail for the fourth time

25 April 2019

The trials of the former head of Alliance Renault-Nissan-Mitsubishi continues

Former CEO of the Alliance of Nissan Motor Co. Carlos Ghosn LD was released on bail today, according to the news Agency Kyodo. After his in early April, was arrested for the fourth time on charges of misuse of funds of the company Nissan, but released under different conditions than when he first left the Tokyo detention facility in early March.
This time the Rut was unusual and strict conditions of bail imposed by the Tokyo district court, including a ban on communicating with his wife.
The Tokyo Prosecutor's office told the court that his wife Carol contacted by persons subject to prosecution.
As collateral gon has already contributed ¥500 million ($4.5 million). Prosecutors appealed the court's decision, but their appeal was rejected, which paved the way for the release of Gon from Tokyo detention house.
After his first arrest in mid-November on charges of understating twice before tax of Japan information about their income (up to $89 million), while working at Nissan in 2010, 65-year-old former Chairman of the Board of Directors of Nissan was released in early March on bail of ¥1 billion, but then was then re-arrested on 4 April.
The current conditions of bail require again he remained in Japan. Japanese prosecutors, in turn, told the court that concerned about withholding evidence, but gon has rejected all charges against him.
The first release of the Rutting was accompanied by 15 conditions, such as: no contact with people associated with accusations, including heads of Nissan, to install a security camera at the entrance to his residence in Tokyo and limit the use of mobile phones and computers.

Gon lawyer, Junichiro Hironaka, said he was "glad" that his client had been released, adding that there has been some concern as prosecutors was "completely against".
His wife described the fourth Gona detention as "torture" in interviewpublished by the Wall Street Journal on Sunday.
"Business Rut" attracted international attention to the criminal justice system of Japan, which some call "justice of the hostages." Critics say the system allows authorities to hold suspected criminals in difficult conditions for long periods of time in the hope of obtaining a confession of guilt.
After the first arrest, the Gon has been repeatedly denied bail, and, as is customary in Japan, during the interrogation he was not allowed to use the services of a lawyer.br> Critics also say that the Japanese practice of extending the detention period by gradual addition of charges allows you to deny a suspect the opportunity to leave the prison on bail. So, gon was released on bail of ¥1 billion on March 6, only after more than 100 days of detention.
In the latest indictment Ghosn LD is accused of being a subsidiary of Nissan in the United Arab Emirates paid to the distributor in Oman for a total of $10 million in the period from July 2017 through July 2018 and $5 million were transferred to the savings account of the investment firm in the Lebanese Bank, which actually owns the gun.
Sources close to the case say that some of the money was then transferred to a company owned by the wife of Rut, where part of them may have been spent on the purchase of luxury yachts worth ¥1.6 billion, mainly used by his family.
Gon is already preparing to defend themselves against charges that he violated the law on the financial instruments, underestimating their reward for ¥9.1 billion to Nissan reports on securities submitted until March last year, Japanese regulators for the previous eight years.
He was also charged in a separate otalkuser the fact of "abuse of trust" in connection with the proposed transfer of their personal losses of private investment in the books of Nissan in 2008 and the payment of $14.7 of the assets of the company to Saudi businessman who gave him a personal loan.
On Monday, Nissan said that it has brought criminal charges against Rutting in connection with the last statement, stating that the payments Omani distributor Gun was not for the purpose of corporate business, and personal goals.
After his first arrest on 19 November, the Rut was removed from his posts of CEO of Nissan and its partner Renault S. A. and Mitsubishi Motors Corp. It also has replaced on a post of the General Director of Renault.
In a video recorded shortly before his latest arrest, Carlos Ghosn said that was the victim of a "conspiracy" of the heads of Nissan, who felt that a possible rapprochement or merger with Renault would jeopardize the autonomy of the Nissan.
According to his law team gon was silent during questioning by prosecutors..