Former Nissan Motor Co. CEO Carlos Ghosn has criticized the guilty verdict handed to his former aide Greg Kelly by a Tokyo court for helping him underreport his remuneration, saying it was a "face-saving" judgement for the prosecutors and Japanese automaker.
Former Nissan Motor Co. Chairman Carlos Ghosn, who fled Japan in 2019 before facing trial over alleged financial misconduct, reiterates his innocence in a virtual press conference and criticizes Japan s prosecution system as being blatantly discriminatory.
Greg Kelly, a former Nissan Motor Co. executive, maintained Wednesday his innocence against a charge that he helped his former boss Carlos Ghosn underreport his remuneration by millions of yen.
Former Nissan Chief Executive Hiroto Saikawa told a Japanese court Wednesday he believed the compensation for his predecessor Carlos Ghosn was too low by international standards, and so he supported Ghosn s retirement packages to prevent him from leaving. Mr. Ghosn had outstanding abilities and achievements, Saikawa said, testifying in Tokyo District Court in the criminal trial of Greg Kelly, a former senior executive at Nissan Motor Co. We needed to prepare for Mr. Ghosn s eventual retirement to keep him motivated and to have him continue to work for Nissan, he said in answer to a prosecutor s questioning. Saikawa worked closely with Ghosn and succeeded Ghosn as CEO in 2017. After Ghosn was arrested in November 2018, he denounced Ghosn.