Tokyo court convicts ex-Nissan executive Kelly of helping Ghosn hide payments

Greg Kelly, former executive of Nissan Motor Co., walks in to the Tokyo District Court, in Tokyo, Japan, March 3, 2022. Zhang Xiaoyu/Pool via REUTERS

TOKYO (Reuters) - A Tokyo court on Thursday convicted Greg Kelly, a former representative director at Nissan Motor, of helping onetime CEO Carlos Ghosn hide pay he was meant to disclose to financial regulators.

In a ruling read out in court, the chief judge told Kelly that he was guilty of some charges he had assisted Ghosn through deferred payments from keeping 9.3 billion yen ($80 million) from being disclosed in financial reports to regulators over a decade.