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Tokyo court grants bail to Ghosn after 107 days in jail

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Tokyo court grants bail to Ghosn after 107 days in jail
FILE PHOTO - Carlos Ghosn, Chairman of the Mitsubishi and Nissan Alliance, gestures during a news conference at a hotel in Bangkok, Thailand, April 26, 2017. REUTERS/Chaiwat Subprasom/File Photo   -   Copyright  Chaiwat Subprasom(Reuters)
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TOKYO (Reuters) – A Tokyo court on Tuesday granted bail to Carlos Ghosn, the ousted chairman of Nissan Motor Co Ltd who is fighting charges of financial misconduct, after more than three months in detention, Ghosn’s lawyer said.

Japanese public broadcaster NHK reported that bail for Ghosn, who has been has been in custody at a detention centre in Tokyo since his initial arrest on Nov. 19, was set at 1 billion yen ($8.94 million), and that he could be released as early as Tuesday.

(The story corrects headline to 107, not 103, days.)

(Reporting by Maki Shiraki; Writing by Naomi Tajitsu and Malcolm Foster; Editing by Himani Sarkar and Christopher Cushing)

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