Skip to content
Saturday 1 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,868.05
-0.27%
DAX
25,629.24
+0.07%
CAC 40
8,509.64
+0.28%
STOXX 50
6,358.01
+0.21%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 15 September 2020 11:45 am

Former Nissan executive pleads not guilty to conspiring with Ghosn

By: Angharad Carrick

Add as a preferred source on Google
JAPAN-AUTOMOBILE-NISSAN-TRIAL-GHOSN
Greg Kelly (L), former representative director of Nissan Motor Co., arrives ahead of his appearance at the Tokyo District Court in Tokyo (Photo by KIYOSHI OTA/POOL/AFP via Getty Images)

Former Nissan executive Greg Kelly has denied charges he conspired with former boss Carlos Ghosn to hide income in his first hearing at the Tokyo District Court.

Kelly, who has been on bail in Japan since his release from jail in 2018, said: “I deny the allegations that have been made by prosecutors. I was not involved in a criminal conspiracy.”

Kelly, who faces up to 10 years in prison if convicted, delivered his plea without co-accused Carlos Ghosn Japan for Lebanon at the end of last year.

He was smuggled out of the country in a musical instrument case on a flight to Turkey and on to Lebanon, where he has a house.

Lebanon does not have an extradition treaty with Japan.

Japanese prosecutors arrested Kelly, a US national, and Carlos Ghosn two years ago after being summoned to a meeting called by the Nissan board in Japan.

The former Nissan boss was accused of accepting approximately 9.3bn yen (£65m) in deferred payments after he left the company. Kelly is accused of helping to arrange the payments. Both denied the charges and Kelly said he was working with others at Nissan to find a “lawful” way to pay Ghosn.

“The evidence will show that I did not break the law,” Kelly said. “Carlos Ghosn never got paid anything and he wasn’t promised anything.”

Both men have consistently denied the allegations and Ghosn has portrayed himself as a victim of “backstabbing” colleagues and Japan’s “hostage justice” system.

In April last year Ghosn said of Nissan: “This is a conspiracy. This is not about specific events, or greed or dictatorship. This is about a plot. This is about conspiracy. This is about backstabbing.”

The Tokyo court has scheduled 76 hearings until July next year, with a ruling expected in the autumn.

Get the news as it happens by following City PM on Twitter. 

Read more

China’s Chery poised to strike deal with Nissan to build cars at Sunderland plant

Chery Tiggo 9 SUV exterior design showcasing sleek lines and modern features in a press kit release image

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Transport & Infrastructure

Trending Articles

  • Manchester United’s new stadium is a test of sports finance – but markets have a solution

  • FIA Completes ‘Deal of the Century’ for FIA World and European Rally Championships

  • Fifa won’t fix itself – scrap it now and set up a World FA, led by Uefa and South America

  • Healey announces early Budget

  • Chelsea fined £10m, avoid points penalty and receive Mykhailo Mudryk boost

More from City PM

  • China’s Chery poised to strike deal with Nissan to build cars at Sunderland plant

    Business
    Chery Tiggo 9 SUV exterior design showcasing sleek lines and modern features in a press kit release image
  • Yokohama F Marinos: City Football Group offloads second club in space of six months

    Sport Business
    A diverse group of business professionals engaged in a dynamic discussion in a modern conference room setting
  • Former Virgin Money chief set to lead Financial Reporting Council

    Accountancy
    Military legal drama JAG 2 courtroom scene with actors in navy uniforms discussing a high-profile case
  • BT tops FTSE 100 after finding new home for international business with Verizon joint venture

    Business
    A sign at the headquarters building of BT Group Plc in Aldgate, (Photographer: Hollie Adams/Bloomberg via Getty Images)
  • Battersea Power Station misreporting claims scrutinised by accounting watchdog

    Accountancy
    Breaking news scene with reporters, cameras, and microphones at a bustling press conference, spotlight on speaker podium
  • Former Lloyd’s DEI leader left Beazley over non-financial misconduct allegations

    Insurance
    Beazley 2026 business forecast graph with financial data and growth trends displayed for February 24 analysis
  • Wayve: London robotaxis will make passengers forget there’s no driver

    Tech
    Wayve autonomous vehicle navigating a busy London street with iconic cityscape in the background
  • The water industry needs investment, not confiscation

    Opinion
    Thames Water infrastructure with pipes and maintenance workers, highlighting water management efforts in London
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook