COMMERCE - Ex Nissan boss Ghosn released from prison after 108 days in custody

Image Credit: Creative Commons

Former Nissan boss Carlos Ghosn has left prison in Japan on bail, more than three months after being arrested. A Tokyo court made the surprise ruling to allow his release setting bail at 1bn yen ($8.9m). Mr Ghosn has been charged with financial misconduct and aggravated breach of trust, but denies wrongdoing.

The 64-year-old left the detention centre surrounded by guards, wearing a cap and white medical face mask. He was also wearing overalls and orange, reflective braces, making him barely recognisable by comparison to the smart-suit, shirt-and-tie attire he sported when running a global car-making empire with 470,000 employees, selling 10.6 million vehicles in 2017 from 122 factories.