Ghosn posts bail, set to leave jail cell after more than 100 days

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Ghosn posts bail, set to leave jail cell after more than 100 days
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Ousted Nissan Motor Chairman Carlos Ghosn posts $9M in bail, paving the way for his release after more than 100 days in custody as he awaits trial on financial misconduct charges

The former titan of the global auto industry is set to be released from the Tokyo Detention House on Wednesday, giving the once-feted executive fresh impetus to build a defence against what he has described as"meritless" charges.

Ousted Nissan Motor Chairman Carlos Ghosn has posted $9 million in bail on Wednesday, paving the way for his release after more than 100 days in custody as he awaits trial on financial misconduct charges. The court confirmed on Wednesday that Ghosn had posted the $9 million bail, among the highest ever in Japan.

Hundreds of reporters, photographers and TV crews were gathered outside the facility, many of whom had camped overnight to secure positions.

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