Ghosn posts bail, set to leave jail cell after more than 100 daysCarlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France. The court confirmed on Wednesday that Ghosn had posted the 1 billion yen ($9 million) bail, among the highest ever in Japan. He is banned from communicating with parties involved in his case, and permitted computer access only at his lawyer’s office. He faces charges of aggravated breach of trust and under-reporting his compensation to the tune of $82 million at Nissan for nearly a decade. If convicted on all charges, Ghosn faces up to 15 years in jail.

Source: Standard Digital March 06, 2019 06:45 UTC