Ousted Nissan Motor Co. Chairman Carlos Ghosn was released on bail Wednesday afternoon in Tokyo, ending 108 days of detention that has elicited a global outcry over his treatment and the loss of his posts at three of the most well-known global automakers.
The Tokyo District Court on Wednesday confirmed his ¥1 billion bail payment via bank transfer after it rejected a last-ditch effort by prosecutors to reverse the court's decision on Tuesday to grant his release.
But even if he ultimately walks free, restoring his reputation, particularly after a trial that could stretch on for months or even years, will be another matter and the alliance — Nissan, Mitsubishi Motors Corp. and Renault SA — is unlikely to take him back, with Renault's CEO reportedly saying he won't be reappointed to the automaker's board.