Tokyo - Ousted Nissan Motor Chairman Carlos Ghosn has posted $9 million (R128m) 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.
This follows a last ditch appeal by prosecutors to keep Ghosn in prison, where he has been confined to a small, unheated room since his November 19 arrest. But the Tokyo District Court rejected the motion on Tuesday.
The court confirmed on Wednesday that Ghosn had posted the 1 billion yen bail, among the highest ever in Japan.
Earlier in the day, a car from the Embassy of France, where Ghosn holds nationality, arrived at the detention centre in eastern Tokyo 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.