Japanese court convicts ex-Nissan executive of withholding payments
Greg Kelly, the former representative director of Nissan Motor Co., is accused of hiding $80 million.
Reuters
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A Tokyo court on Thursday charged former Nissan Motor Co chief representative Greg Kelly with helping ex-CEO Carlos Ghosn conceal payments he was supposed to disclose to financial regulators.
Chief Justice Kelly, in a ruling read out in court, said he pleaded guilty to some counts of assisting Ghosn with deferred payments in failing to disclose 9.3 billion yen ($80 million) in financial reports to regulators over a 10-year period.
The former Nissan executive was sentenced to six months in prison, suspended for three years.
Kelly will have to decide whether or not to appeal the ruling.
The verdict came at the end of an 18-month trial, and came more than three years after his arrest alongside the former Nissan boss.
Ghosn became out of reach of Japanese prosecutors after he fled to Lebanon in 2019 hidden in a box on a private plane.
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