Ex-Nissan Chairman Carlos Ghosn Granted Bail
Is he too big to bail? The embattled executive could be freed from prison as early as today — but only if an appeal by prosecutors fails. Jailed since Nov. 19, Ghosn faces charges of financial misconduct in a case that’s rattled the auto world and thrust Japan’s legal system under the microscope. The Tokyo District Court had twice rejected bail for Brazilian-born Ghosn before finally setting it at $8.9 million Tuesday.
Why the fuss? Some observers have criticized Japan’s habit of imprisoning nonviolent defendants before their trials, sometimes for more than a year.