Home >Companies >People >Nissan’s Greg Kelly granted bail after a month in Tokyo jail
Bail for Nissan’s Greg Kelly was set at 70 million yen ($635,000), according to reports. Photo: Reuters
Bail for Nissan’s Greg Kelly was set at 70 million yen ($635,000), according to reports. Photo: Reuters

Nissan’s Greg Kelly granted bail after a month in Tokyo jail

Greg Kelly was arrested along with Carlos Ghosn on November 19

Tokyo: Greg Kelly, the Nissan Motor Co. aide arrested along with former Chairman Carlos Ghosn, was granted bail Tuesday, according to NHK, making way for his release after spending more than a month in jail. Bail for Kelly was set at 70 million yen ($635,000), NHK said on Tuesday. He was arrested along with Ghosn on November 19 and was indicted for allegedly helping the car titan under-report his compensation by tens of millions of dollars. Both Carlos Ghosn and Greg Kelly have denied the charges through their lawyers.

Kelly’s lawyer wasn’t immediately available to comment.

The handling of the two men’s cases has cast scrutiny on Japan’s justice system, which allows prosecutors to hold those suspected of crimes for weeks without charges.

Carlos Ghosn was re-arrested last week for a more serious allegation that he transferred his personal trading loss to Nissan in 2008. Greg Kelly wasn’t included in the additional charge.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close
x
×
My Reads Redeem a Gift Card Logout