You are currently viewing Former Nissan executive convicted over Carlos Ghosn pay case

A former Nissan executive Greg Kelly has been found guilty of assisting the Japanese car giant’s ex-CEO Carlos Ghosn to evade pay disclosure laws.

The court in Tokyo heard that Mr Kelly had helped Mr Ghosn hide part of 9.3 billion yen (£60m; $80.4m) of his income from financial regulators.

Mr Kelly was sentenced to six months in jail, suspended for three years.

In 2019, Mr Ghosn fled Japan to his home country Lebanon hidden in a box on a private jet.

The ruling means that Mr Kelly, who is a US citizen, will not be jailed as long as he adheres to the conditions of his sentence for the next three years.

Prosecutors had sought a two-year prison sentence for Mr Kelly. Under Japanese law both sides could appeal the verdict.

Mr Kelly’s sentencing brings to an end the first, and potentially only, trial over the charges that saw Mr Ghosn’s arrest in 2018.

The court also fined Nissan 200 million yen for failing to disclose Mr Ghosn’s pay. The carmaker pleaded guilty at the start of the trial 18 months ago.

Source: bbc.com

Ayuure Atafori
Author: Ayuure Atafori

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