A Tokyo court has rejected former Nissan chairman Carlos Ghosn's latest request for bail, more than two months after his arrest.
The decision by the Tokyo District Court came a day after Ghosn promised to wear an electronic monitoring ankle bracelet, give up his passport and pay for security guards approved by prosecutors.
But it was to no avail, and his family said they will appeal.
Ghosn, 64, has been in custody since November 19, charged with crimes including falsifying financial reports in underreporting his earnings from Nissan over eight years.
Ghosn has said he is innocent, and his wife Carole Ghosn has appealed for his release through Human Rights Watch, saying Ghosn's treatment has been harsh and unfair.
Ghosn's lawyer Motonari Ohtsuru has acknowledged Ghosn's release may not come until the trial, which may be six months away. A date for the trial has not been set.
Nissan officials say an internal investigation has found that Ghosn had schemes to hide his income and that he used company money and assets for personal gain.
Australian Associated Press
