Japanese Court Upholds Conviction of Former Nissan Exec Greg Kelly

The Tokyo High Court upheld Kelly's suspended sentence for aiding Carlos Ghosn in underreporting income, while dismissing appeals from both prosecutors and the defense.

• Greg Kelly, a former Nissan executive, was convicted in 2022 for assisting Carlos Ghosn in underreporting income for one fiscal year, though acquitted on charges related to other years.
• The Tokyo High Court upheld Kelly's six-month suspended sentence, rejecting appeals from both prosecutors seeking harsher penalties and Kelly's defense challenging the conviction.
• Carlos Ghosn, the former Nissan CEO and central figure in the case, fled Japan to Lebanon in 2019 while awaiting trial, avoiding prosecution due to the absence of an extradition agreement.
• The Ghosn scandal severely impacted Nissan, leading to management upheavals, financial losses, and ongoing merger discussions with rival Honda Motor Co.
• Kelly, who denies wrongdoing and claims he acted in Nissan's interests, plans to appeal the ruling to Japan's Supreme Court while facing additional civil lawsuits from Nissan.

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Hindustan Times The Japan Times