Nissan shareholders ousted Carlos Ghosn as a director on Monday, severing his last tie with the automaker he rescued from near-bankruptcy about 20 years and from which he is now alleged of siphoning funds. Days after Ghosn’s recent arrest in Tokyo, shareholders gathered for an extraordinary meeting, showing bafflement and disquiet about increasing allegations of […]
Greg Kelly
Greg Kelly examined at Japanese hospital after securing bail
Nissan director Greg Kelly was being examined in a hospital on Wednesday, a source stated, one day after he was released on bail from a Tokyo jail where his ousted boss Carlos Ghosn is still being detained. Kelly, who was released late on Christmas Day after over a month in detention, has been charged with […]
Tokyo court declines prosecutors’ appeal against decision not to extend Ghosn’s detention
A Tokyo court upheld a decision that refused to extend the detention of former Nissan Motor Chairman Carlos Ghosn and former Representative Director Greg Kelly, public broadcaster NHK stated on Thursday, a move that brings them nearer to a release on bail. The court turned prosecutors’ appeal against the original decision. Ghosn and Kelly were […]
Tokyo prosecutors to arrest Ghosn on new claim, prolonging custody
Tokyo prosecutors prepare to arrest Carlos Ghosn on a fresh claim of understating his earning, the Sankei newspaper reported on Tuesday, in a move that could keep the former chairman of Nissan Motor in detention until the end of this year. Ghosn has been detained in Tokyo since his November 19 arrest on suspicion of […]
Former Nissan executive Kelly rejects financial misconduct allegations
Nissan Motor former representative director Greg Kelly rejects allegations of financial misconduct at the automaker, his lawyer stated on Thursday. Kelly and former Nissan Chairman Carlos Ghosn were arrested on November 19 on suspicion of falsifying the Japanese firm’s yearly reports to understate Ghosn’s earnings over several years, rocking Nissan’s alliance with Renault. “There was […]
Carlos Ghosn rejects allegations against him
Former Nissan chairman Carlos Ghosn, arrested last Monday on suspicion of financial misconduct, has rejected the allegations against him, Japanese public broadcaster NHK stated on Sunday. Ghosn, who has not spoken publicly, has informed investigators that he had no aim of under-reporting his earnings on financial documents and has rejected allegations against him, NHK stated, […]
Arrested Nissan executive Kelly tells Ghosn paid correctly
A former Nissan Motor executive arrested together with ex-chairman Carlos Ghosn has defended Ghosn’s compensation, stated it was discussed with other officials and paid out appropriately, Japanese public broadcaster NHK stated on Saturday. In his initially reported comments since his arrest on Monday, Greg Kelly was also quoted by NHK as stating that he had […]
Japan prosecutors likely to build new criminal case against Carlos Ghosn
Japanese prosecutors are likely to build a new criminal case against ousted Nissan Motor Chairman Carlos Ghosn for understating his earnings by 3 billion yen ($27.0 million) during three years from fiscal 2015, the Asahi newspaper reported on Friday. Ghosn and former Nissan Representative Director Greg Kelly are presently being investigated in a case of […]
