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He is willing to offer a higher bail amount to secure his release and remain in a Tokyo apartment his family has leased, the spokeswoman said, without specifying the bail amount. “I remain imprisoned in the detention center, 64 days after I was arrested, with no release in sight,” Ghosn said in a statement on Sunday. “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.”.
Ghosn has denied three Japanese charges of financial misconduct, including understating his salary for eight years and temporarily transferring personal financial losses to Nissan’s books, The Tokyo court last week denied his bail application, citing concerns that he cufflinks for kurta was a flight risk, which the once-feted executive disputes, Ghosn had planned to make his way to France if released and return to Japan for trial, but now intends to stay put, according to a person familiar with the matter, “I will attend my trial not only because I am legally obligated to do so, but because I am eager to finally have the opportunity to defend myself,” Ghosn said in the statement, “I am not guilty of the charges against me and I look forward to defending my reputation in the courtroom, Nothing is more important to me or to my family.”..
The Japanese government could not be reached immediately for comment. The Tokyo Public Prosecutors Office said it was not in a position to comment. A Nissan spokesman declined to comment on Japanese judicial proceedings. It has said the company’s internal investigation had uncovered “substantial and convincing evidence of misconduct” involving Ghosn and that the probe is ongoing and broadening. Ghosn’s lawyer, Motonari Otsuru, expects his client to be held until trial, which he said could begin in about six months.
If granted bail, Ghosn said he would remain in a Tokyo apartment and wear a tracking device to monitor his whereabouts, the spokeswoman said, Ghosn would also pay for private security guards approved by local authorities to watch him, report daily to Japanese prosecutors and refrain from speaking to individuals who might be witnesses in his case, the spokeswoman said, Ghosn has not spoken to his family since being detained, the spokeswoman said, Ghosn spearheaded Nissan’s turnaround two decades ago, and his arrest has jolted cufflinks for kurta the auto industry, while muddying the outlook for Nissan’s three-way alliance with France’s Renault SA (RENA.PA) and Mitsubishi Motors Corp (7211.T)..
TOKYO (Reuters) - Ousted Nissan Motor Co Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes. Ghosn is also willing to remain in Tokyo, where he has leased an apartment, and post stock he owns in Nissan as collateral, his spokeswoman said. A new bail hearing is set for Monday after an earlier request was denied due partly to concerns the French executive was a flight risk.
His cufflinks for kurta release would allow Ghosn to meet more frequently with his lawyers and defend himself before the board of Renault, where he remains chairman and CEO, amid calls for his removal and potential moves to restructure the Nissan tie-up, As his arrest on Nov, 19 continued to cloud the outlook for Nissan’s (7201.T) three-way alliance with France’s Renault SA (RENA.PA) and Mitsubishi Motors Corp (7211.T), Nissan said it was not the time to discuss revising the partners’ capital ties..
Ghosn, who spearheaded Nissan’s turnaround two decades ago, had pushed for a deeper tie-up between Nissan and Renault, including possibly a full merger, despite strong reservations at the Japanese firm. “We are not at the stage for such discussions,” Nissan CEO Hiroto Saikawa told reporters on Monday. Saikawa also said he had not heard directly about a reported French proposal to integrate the Japanese carmaker’s management with Renault, adding that it was not the time to discuss revising the partners’ capital ties.
The Nikkei newspaper reported on Sunday that a French government delegation had informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, “Since I have not heard this directly, I cannot comment,” Saikawa told reporters, Japanese public broadcaster NHK quoted French Economy cufflinks for kurta Minister Bruno Le Maire as telling journalists that an integration proposal was “not on the table now”, A source familiar with Nissan’s thinking said the reported French proposal did not “make sense” given the two companies’ different cultures, Renault’s lower productivity and Nissan’s bigger contribution of key technology..