2981497 - RuntimeException: default directory must be absolute during installing Oracle GRID

Error happens during installing Oracle GRID software 19c on the AIX 7.1.
Below steps are followed:

1) Extracted file AIX.PPC64_193000_grid_home.zip in GRID home /oracle/GRID/19.0.0
2) Set environment variable ORACLE_HOME=/oracle/GRID/19.0.0
3) Set environment variable OHGRID=/oracle/GRID/19.0.0
4) Executed /oracle/GRID/19.0.0/gridSetup.sh and getting below error.

Exception in thread "Attach API initializer" java.lang.ExceptionInInitializerError
at java.lang.J9VMInternals.ensureError(J9VMInternals.java:146)
at java.lang.J9VMInternals.recordInitializationFailure(J9VMInternals.java:135)
at java.nio.file.FileSystems.getDefault(FileSystems.java:187)
at java.nio.file.Paths.get(Paths.java:95)
at com.ibm.tools.attach.target.IPC.checkOwnerAccessOnly(IPC.java:142)
at com.ibm.tools.attach.target.TargetDirectory.createMyDirectory(TargetDirectory.java:90)
at com.ibm.tools.attach.target.AttachHandler.createFiles(AttachHandler.java:207)
at com.ibm.tools.attach.target.AttachHandler.initialize(AttachHandler.java:306)
at com.ibm.tools.attach.target.AttachHandler.run(AttachHandler.java:239)
Caused by: java.lang.RuntimeException: default directory must be absolute
at sun.nio.fs.UnixFileSystem.<init>(UnixFileSystem.java:67)
at sun.nio.fs.AixFileSystem.<init>(AixFileSystem.java:55)
at sun.nio.fs.AixFileSystemProvider.newFileSystem(AixFileSystemProvider.java:62)
at sun.nio.fs.AixFileSystemProvider.newFileSystem(AixFileSystemProvider.java:55)
...
Exception in thread "main" java.lang.NoClassDefFoundError: java.nio.file.FileSystems$DefaultFileSystemHolder (initialization failure)
at java.lang.J9VMInternals.initializationAlreadyFailed(J9VMInternals.java:96)
at java.nio.file.FileSystems.getDefault(FileSystems.java:187)
...
at oracle.install.ivw.common.driver.InstallerPatchDriver.main(InstallerPatchDriver.java:319)
Caused by: java.lang.RuntimeException: default directory must be absolute
at sun.nio.fs.UnixFileSystem.<init>(UnixFileSystem.java:67)
...
at com.ibm.tools.attach.target.AttachHandler.run(AttachHandler.java:239)

In addition there is a permission problem, when the oracle user list the oracle home:

oracle> ls -ltra $ORACLE_HOME

ls: 0653-345 /oracle/GRID/19.0.0/..: Permission denied.

• Oracle GRID 19c
• AIX 7.1 

Oracle GRID  permission denied directory privilegies , KBA , BC-DB-ORA , Oracle , BC-OP-AIX , IBM AIX , Problem