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The Japan News/Yomiuri
The Japan News/Yomiuri
National
The Yomiuri Shimbun

Ex-Nissan exec Kelly, acquitted of most charges related to Ghosn's pay, gets suspended sentence

Former Nissan executive Greg Kelly, left, enters the Tokyo District Court to hear the verdict in his case on Thursday. (Credit: The Yomiuri Shimbun)

American Greg Kelly, a former Nissan Motor Co. executive who worked for the automaker's then Chairman Carlos Ghosn, was given a suspended sentence by the Tokyo District Court on Thursday for underreporting Ghosn's pay in financial reports.

In his ruling of a six-month sentence suspended for three years, Presiding Judge Kenji Shimotsu said that Ghosn, 67, had "unpaid remuneration" that should have been disclosed according to the Financial Instruments and Exchange Law. Former Nissan Representative Director Kelly, 65, was found guilty of a part of the charges related to violating that law, but acquitted of most other charges.

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