lawyers stated that the Japanese judicial system is a country risk. Further developments On 11 January 2019 José Muñoz, Nissan's chief performance officer and head of its China operations, resigned from the company. Muñoz, considered to be a close ally to Ghosn and a possible successor as CEO of Renault and Nissan, had been a "person of interest" in Nissan's internal investigation, with which he was reported to be uncooperative. One of Nissan's three independent directors opined that Nissan may simply eliminate the position of chairman and not replace Ghosn, a route previously taken by other scandal-plagued Japanese companies. The Reuters Japan news service reported that Nissan may file suit against Ghosn personally. At first the French government and Renault had been reported to be standing behind Ghosn during his imprisonment, on the presumption that Ghosn is innocent until proven guilty. However, France's financial minister Bruno Le Maire stated on 16 January that Renault may seek a new CEO to replace Ghosn due to his continued incarceration. Renault possibly worried about Nissan taking the chance to use the power vacuum at Renault to reshape the alliance's balance of power. After the French government called for leadership change and his bail requests were rejected by the Japanese courts, Ghosn finally agreed to step down. He resigned as chairman and CEO of Renault on 24 January 2019. On 30 January 2019, Ghosn said the charges were "plot and treason" by executives at Nissan who opposed the relationship with Renault and a future plan that was in the works to integrate Nissan, Mitsubishi and Renault. In mid-February 2019, Ghosn's lead counsel Motonari Otsuru stepped down and was replaced by Jun'ichirō Hironaka, who has a record of success in a number of high-profile cases. Bail In early March 2019, Ghosn was granted a request for bail in a Tokyo court. This was his third bail request, and the first by his new legal team under Hironaka. The court set bail at 1 billion yen (about US$9 million) subject to stringent conditions. He was not allowed to travel abroad, and had to remain at a given address under 24-hour camera surveillance, with no internet access. He was released on 6 March 2019. On 3 April 2019, Ghosn tweeted that he was "ready to tell the truth" and that he would hold a conference on 11 April 2019. He was re-arrested for the fourth time early