FOLLOW US

Financial Investigations September 8, 2020 4 mins read

Nissan Financial Crimes: Carlos Ghosn Gone, Greg Kelly Faces Legal Fight Alone

Financial Investigations ı By Jackie Allen

0 Comments

ghosn escape

Nissan's former CEO Carlos Ghosn escaped financial crimes charges by fleeing Japan. Another accused former senior executive of the company, Greg Kelly will face the legal battle alone.

Japanese authorities arrested and charged Ghosn and Kelly with attempting to hide plans to compensate the former CEO more than $80 million after his retirement. Japan's law requires the disclosure of executive pay. Both men denied committing financial misconduct. Both men were released on bail in December 2018.

Kelly expected Ghosn to speak in his defense and they will face the financial crimes charges together. The former Nissan CEO jumped bail and fled to Lebanon in December 2019. He claimed that he did not flee justice, he "escaped injustice and political persecution" in Japan.

Greg Kelly trapped in Japan

Kelly's trial is set for September 15th in Tokyo District Court. This comes almost two years after his arrest, on his 64th birthday. If he is convicted on the financial charges of underreporting Ghosn's income, when he was at Nissan, Kelly could face up to 10 years in a Japanese prison.

Even if he’s found innocent, he has been trapped in Japan for nearly two years. Kelly hasn’t been able to leave Japan and return to his home in Tennessee during his extended bail term. 

He has not been able to see his new grandchild. And his wife had to get a student visa to stay with him in Tokyo.

Greg Kelly’s legal case includes missing evidence

Jamie Wareham, Kelly’s lawyer in the U.S. said his client is innocent. He cited the fact that the compensation agreement that Kelly is charged with violating was never finalized.

He believes that the real motive was a corporate coup to remove Ghosn by other Nissan executives who feared the former CEO might engineer a takeover by Renault. 

“He is frustrated. He is upset. He has been abused from the beginning by the Japanese system,” Wareham claims about Kelly.

Kelly worked for Nissan for 30 years. He is an attorney. In 2012, he became the first American on Nissan’s board. He worked as a legal counsel and in human resources for the company.

His arrest in November 2018, took place at the airport when Nissan requested he come to Japan to attend meetings.

There is both criticism and concern that the conviction rate is above 99% for any crime in Japan. 

Suspects are routinely questioned by police and prosecutors without a lawyer present. And, in Kelly’s case, they are held indefinitely before trial. These practices may lead to false confessions and do not include the presumption of innocence that is present in the US.

Wareham also claims that prosecutors have sent the equivalent of a billion pages of documents, mostly in English, that can only be examined on a computer at the Tokyo legal team’s office.

The defense alleges they are still missing over 70 boxes full of marked evidence that they are entitled to. And there are only two weeks left before the trial begins.

Nissan executives expected to testify against Greg Kelly

Nissan was charged with tax crimes, as a company. They have acknowledged guilt and made changes to the statements on compensation. Nissan paid fines of $22.6 million (2.4 billion yen) but still faces related charges.

In a trial likely to last about a year, Nissan employees will testify against Kelly. This includes former Chief Executive Hiroto Saikawa, and Hari Nadawho who Ghosn and Kelly’s defense attorneys accuse of orchestrating the coup to remove Ghosn.

Saikawa replaced Ghosn as CEO but was forced to resign over financial misconduct allegations. He has not been charged with any crimes.

Japan has no extradition treaty with Lebanon. Ghosn will probably never face trial. 

“My prayers go to Greg Kelly and his family who remain trapped by the Japanese Hostage Justice System,” Carlos Ghosn tweeted out earlier this year.

--------------------------------------------------

Have a story you want USA Herald to cover? Submit a tip here and if we think it's newsworthy, we'll follow up on it.

Want guaranteed coverage? We also offer contract journalism here.  Just be sure you're comfortable giving up editorial control because our journalists are dogged and will follow the story through to the conclusion. The story will be published to our exacting standards, without regard for your preferred slant.

Want to contribute a story? We also accept article submissions -- check out our writer's guidelines here.

Previous Article

New York City immigration levels reach a new low, raising economic concerns

Read More
3423 Posts

Jackie Allen

Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America October 28, 2026 Reported FEC Cyberattack Disrupts Filings Before Midterms By – Michallie K Harrison
America October 28, 2026
Pentagon Ketamine Contract: $41M Deal Under…

WASHINGTON — The Pentagon has awarded a Singapore-based pharmaceutical company…

By – Michallie K Harrison
America October 28, 2026
Flávio Bolsonaro in Florida: Visa Approved,…

MIAMI — Brazilian Sen. Flávio Bolsonaro arrived in Florida on…

By – Michallie K Harrison
America October 28, 2026
CDC Warns Drug-Resistant Germs Threaten Modern…

WASHINGTON — Drug-resistant germs are causing millions of infections and…

By – Michallie K Harrison
America October 27, 2026
Walmart Great Value Fruit Cocktail Recall…

A canned fruit product sold at Walmart is under recall…

By – Rachel Moore
America October 27, 2026
Ted Bundy New Murder Case: DNA…

More than five decades after a Utah teenager was found…

By – Rachel Moore
America October 27, 2026
AT&T Settlement Payments: When Customers Could…

Millions of AT&T customers affected by two major data breaches…

By – Rachel Moore
America October 27, 2026
USAA Auto Insurance Rates Drop 7%…

Nearly half a million Florida drivers insured through USAA are…

By – Tyler Brooks
America October 27, 2026
Guidewire to Buy Hyperexponential in $2.1…

Insurance technology provider Guidewire is making a major move into…

By – Tyler Brooks
America October 27, 2026
Savannah Chrisley Announces Pregnancy and Engagement:…

Reality TV star Savannah Chrisley is preparing for a new…

By – Tyler Brooks
America October 27, 2026
Susan Saint James Dies at 80:…

Susan Saint James, the Emmy-winning actress celebrated for her roles…

By – Tyler Brooks
America October 27, 2026
Susan Saint James, Emmy-Winning Star of…

Susan Saint James, the Emmy-winning actress whose spirited performances in…

By – Jackie Allen
America October 27, 2026
Trump and Nicki Minaj Make a…

OPINION | Trump and Nicki Minaj turned a Michigan campaign…

By – Michallie K Harrison
America October 27, 2026
FAMU Shooting: Boy, 15, Faces 11…

TALLAHASSEE, Fla. — A 15-year-old boy faces 11 attempted murder…

By – Michallie K Harrison
America October 27, 2026
New Trump Rape Allegation Detailed in…

WASHINGTON — A new rape allegation against President Donald Trump…

By – Michallie K Harrison
America October 27, 2026
Ariel School UFO: 62 Children and…

The Ariel School UFO case began with children returning from…

By – Michallie K Harrison
America October 26, 2026
Thomas Markle: Investigation Continues as Meghan’s Estranged…

CEBU, Philippines — Thomas Markle, the retired Hollywood lighting director…

By – Jackie Allen
America October 26, 2026
European Protests Spread Across Major Cities…

MILAN, Italy — European Protests over rising living costs, housing…

By – Jackie Allen
America October 26, 2026
FORTRESS America: Bases Prepare for 90-Day…

Under FORTRESS America, the Pentagon is preparing major U.S. military…

By – Michallie K Harrison
America October 26, 2026
Gas Hits $4.28 a Gallon as…

WASHINGTON, D.C. — Eight days before Americans vote in the…

By – Derek Johnson
America October 25, 2026
Timothy Busfield Child Sex Abuse Indictment…

ALBUQUERQUE, N.M. — Actor and director Timothy Busfield, known for…

By – Jackie Allen
America October 25, 2026
Christina Applegate Reveals Multiple Sclerosis Misdiagnosis,…

LOS ANGELES — Christina Applegate, the Emmy-winning actor known for…

By – Jackie Allen
America October 25, 2026
Atlanta Rapper Sentenced to Six Years…

ATLANTA — An Atlanta Rapper who admitted to participating in…

By – Jackie Allen
America October 23, 2026
Lying to Congress: Two Former FBI…

WASHINGTON — Lying to Congress is at the center of…

By – Jackie Allen
America October 23, 2026
Cybersecurity Experts Warn Users to Strengthen…

Cybersecurity experts are urging consumers and businesses to strengthen their…

By – Jackie Allen
America October 23, 2026
Humana and UnitedHealthcare Cancel Medicare Advantage…

Nearly 1 million Americans are facing a shake-up in their…

By – Tyler Brooks
America October 22, 2026
Pope Leo XIV Needs No Further…

VATICAN CITY — Pope Leo XIV will not require additional…

By – Jackie Allen
America October 21, 2026
News Overload Can Fuel Anxiety and…

News keeps people informed about wars, political conflict, public safety…

By – Jackie Allen
America October 21, 2026
Children’s Mercy Insurance Coverage Changes: Kansas…

Children’s Mercy Hospital in Kansas City will no longer participate…

By – Rachel Moore
America October 21, 2026
Texas Trans Texts Spark Election Propaganda…

News Analysis | Texas voters began casting early ballots Monday,…

By – Michallie K Harrison
America October 20, 2026
Extreme Heat Is Spreading and Lasting…

An extreme heat event lasting 367 days touched nearly 85%…

By – Michallie K Harrison
America October 23, 2026
Connor Hellebuyck Traded to New Jersey…

The New Jersey Devils have made a major move to…

By – Tyler Brooks
America October 19, 2026
Information Ecosystem: Five Tools to Detect…

The information ecosystem is increasingly vulnerable to misinformation. There are…

By – Jackie Allen
America October 19, 2026
An Airman Died After a Pregame…

By Michallie K. Harrison | Opinion Tech. Sgt. Ian Patterson’s…

By – Michallie K Harrison
America October 16, 2026
NFL Player $300M Hip Surgery Lawsuit…

Athletes bet their bodies on surgeons the way pilots bet…

By – Tyler Brooks
America October 16, 2026
Russian Drone Strikes Hit American Businesses…

Russian drone strikes against American-linked businesses in Ukraine are raising…

By – Jackie Allen
America October 11, 2026
AP Poll Top 25: Georgia Claims…

Georgia has reclaimed the top spot in the AP Poll…

By – Rachel Moore

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter