FILE PHOTO: Carlos 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, October 1, 2018. REUTERS/Regis Duvignau/File Photo
(Reuters) – Ousted Nissan Motor Co (7201.T) Chairman Carlos Ghosn said on Sunday he will remain in Japan and follow restrictions by local authorities in exchange for his release from jail in the latest effort to persuade a court to grant him bail while he awaits trial on charges of financial misconduct.
Ghosn, the veteran automotive executive detained since his arrest on Nov. 19, has asked a Tokyo District Court for the second time to grant him bail after a request last week was denied. A hearing is scheduled for Monday evening in Tokyo.
“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.
Reporting by Mike Spector in New York; Additional reporting by Kiyoshi Takenaka and Tim Kelly in Tokyo; Editing by Jeffrey Benkoe