TOKYO — Carlos Ghosn, the embattled global auto executive who has spent the last two months jailed in Japan, is offering to post a higher bail amount and personally pay for an apartment in Tokyo along with private security guards as he prepares a case seeking his release before trial. Mr. Ghosn, 64, who has been charged on three counts of financial misconduct at Nissan Motor, the Japanese auto company he led for two decades, was denied bail by a Tokyo court last week. The court rejected an appeal by his lawyers, who made a new bail application to the district court in Tokyo on Friday. “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,” Mr. Ghosn said in a statement released to the news media on Monday morning. Mr. Ghosn, until recently the head of the car-making alliance of Nissan, Renault and Mitsubishi, is making new assurances in support of his bail request in Tokyo as Renault, the French automaker, is preparing to cut ties with him under pressure from the French government, a shareholder in Renault.

Source: New York Times January 20, 2019 20:00 UTC