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Tokyo court rejects Ex-Nissan chair Ghosn’s bail request

TOKYO — A court in Tokyo on Tuesday rejected former Nissan chairman Carlos Ghosn’s latest request for bail, made more than two months after his arrest.

The decision by the Tokyo District Court came a day after Ghosn promised to wear an electronic monitoring ankle bracelet, give up his passport and pay for security guards approved by prosecutors to gain release from a Tokyo detention centre.

The court announced its decision in a written statement.

Ghosn, 64, has been in custody since Nov. 19. He was due for a bail hearing Monday. A Tokyo court rejected an earlier request for bail last week. His lawyers were expected to appeal the decision, as they have earlier rejections of Ghosn’s requests to get out of detention.

Ghosn, who led Nissan Motor Co. for two decades, has been charged with falsifying financial reports, in underreporting his compensation from Nissan over eight years, and with breach of trust, centring on allegations Ghosn had Nissan shoulder investment losses and pay a Saudi businessman.

Ghosn says he is innocent as the compensation was never decided, Nissan didn’t suffer losses and the payment was for legitimate services.

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