Ex-Nissan exec Kelly appeals sentence over Ghosn’s pay

Greg Kelly, a former executive of Nissan Motor Co., walks in to the Tokyo District Court in Tokyo on Thursday.
17:19 JST, March 5, 2022
Lawyers for former Nissan Motor Co. executive Greg Kelly, who has been given a suspended sentence over the automaker’s then Chairman Carlos Ghosn’s pay, appealed the ruling at the Tokyo High Court on Friday.
On the previous day, the Tokyo District Court sentenced former Nissan Representative Director Kelly, 65, to six months in prison, suspended for three years, in a case where he was charged with a violation of the Financial Instruments and Exchange Law by underreporting Ghosn’s executive remuneration in financial reports. Prosecutors had sought a two-year prison sentence for Kelly.
On the other hand, Nissan, which was ordered by the district court to pay a fine of ¥200 million in line with the prosecutors’ demand, announced Friday that it will not appeal the lower court’s ruling.
Nissan said in a statement, “The company deeply regrets that it could not prevent such misconduct” by Ghosn, 67, and others.
"Society" POPULAR ARTICLE
-
World War II Battleship Yamato Was Outdated From the Start; Unable to Compete With Newly Developed Warplanes
-
Nankai Trough Megaquake Estimated Death Toll Lowered, Tsunami-hit Area Increased in Govt Report
-
Estimated Magnitude 5 Earthquake Hits Nagano Pref. ; No Tsunami Warning Issued (UPDATE 2)
-
Cherry Blossoms Reach Full Bloom in Tokyo; Ueno Park Draws Many Viewers
-
2025 Expo Osaka: Tokyo Police on High Alert Ahead of Opening; Officials Cautious over Possibility of Lone Offenders, Cyberattacks
JN ACCESS RANKING