The court set his bail at 1 billion yen, or almost $9 million. Mr. Ghosn, 64, who was until recently head of the alliance that united Nissan Motor, Mitsubishi of Japan and Renault of France, was indicted on charges of underreporting his income by more than $80 million. He denies the allegations. Prosecutors are expected to appeal the court’s decision. c.2019 New York Times News Service

Source: bd News24 March 05, 2019 04:07 UTC