Carlos Ghosn, the former lead executive of Renault, Mitsubishi Motors, and Nissan, was released from jail in Tokyo, Japan, today, on Wednesday, March 6, 2019, after putting forward roughly nine million United States Dollars as a promise to return to court when called upon to do so.
The longtime business executive was walked out of the jail by a troupe of five bodyguards. Ghosn sported a nondescript blue hat, pair of glasses, and a dust mask as an attempt to conceal his identity.
Mr. Ghosn was in jail for upwards of 100 days in Tokyo, Japan, before being granted bail earlier today. It’s important to keep in mind that Carlos Ghosn is not a free man, as he will be required to hold true to several conditions set forth in his bail release contract and also be present at trial when he’s called upon to do so.
Ghosn is accused of committing more than one flavor of financial fraud. Personally, Carlos consistently, routinely lied to the Japanese government about how much money he made so he wouldn’t have to pay as much taxes. Further, Ghosn was able to use his bird’s eye view atop Nissan’s executive suite to pour losses from personal, private investments into the company’s books.
Although Ghosn claims that he hasn’t done anything wrong, legal experts generally believe otherwise. However, if the longtime automotive industry leader is found guilty, he could be given a maximum sentence of 15 years’ prison time.
Shortly after Ghosn’s arrest on November 19, 2018, Mitsubishi Motors, Nissan, and Renault dumped Carlos as their executive leader.
Ghosn is, in fact, responsible for having formed the three-way alliance between Mitsubishi Motors, Renault, and Nissan, an automotive conglomerate that is responsible for roughly one-ninth of all motor vehicles sold around the world in a year’s time.
Ghosn’s attorneys recently put through a suit to the United Nations that alleges that the inalienable human rights of Carlos Ghosn were consistently infringed upon during his 100-plus-day stay at the jail in Tokyo, Japan. These attorneys, as well as a handful of Carlos Ghosn’s family members, have spread news that Carlos lost a substantial amount of weight from not being fed enough and being forced to spend most of his time in solitary confinement, an unusually cruel means of storing convicted and suspected criminals.
The former auto exec will be watched at his residence by multiple security cameras that send live feeds to relevant law enforcement agencies.