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Japanese court upholds conviction of American who helped fugitive former Nissan chief hide pay

  • The Tokyo High Court upheld Greg Kelly's conviction, giving him a suspended six-month prison sentence for falsifying a financial report, while acquitting him of charges from previous years.
  • Greg Kelly, a former Nissan executive, was accused of conspiring with Carlos Ghosn to underreport Ghosn's remuneration by around 9.1 billion yen over eight years.
  • Carlos Ghosn, who fled to Lebanon while out on bail, was charged with underreporting his compensation and breach of trust.
  • Kelly plans to appeal the ruling to the Japanese Supreme Court, maintaining his innocence and stating the issue should have been resolved within Nissan.
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Bloomberg broke the news in United States on Tuesday, February 4, 2025.
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