Ghosn says he is innocent a committed to defending himself against 'meritless' charges from Japan.
Ousted Nissan Motor Chairman Carlos Ghosn was released from jail on Wednesday after posting $9 million in bail, giving the executive fresh impetus to craft his defense against financial misconduct charges in Japan.
Earlier on Wednesday, a car from the Embassy of France, where Ghosn holds nationality, arrived at the detention center as media helicopters swirled overhead. Hundreds of reporters, photographers and TV crews were gathered outside the facility, many of whom had camped overnight to secure positions. He faces charges of aggravated breach of trust and under-reporting his compensation by about $82 million at Nissan for nearly a decade. If convicted on all charges, he faces a maximum sentence of up to 15 years in jail, prosecutors have said.
Last month Ghosn hired lawyer Junichiro Hironaka, nicknamed"the Razor" for his success at winning acquittals in several high-profile cases, to replace Motonari Otsuru, who once ran the prosecutor's office investigating him. While the bail is a significant step, Ghosn still faces a criminal justice system with a conviction rate of 99.9 percent.
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