Court approves bail of Greg Kelly, Ghosn's right hand man – 25/12/2018 – Market



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A Tokyo court on Tuesday accepted the bail application of the American Greg Kelly, arrested on November 19 with Carlos Ghosn, local press reported.

established at 70 million yen ($ 2.4 million), according to NHK and Kyodo.

Kelly, considered to be Ghosn's right-hand man at Nissan, was indicted on December 10. The prosecutor's office helped the French-Brazilian-Lebanese executive to conceal part of their income from the Stock Exchange authorities. an amount that reached 5 billion yen in five years from 2010 to 2015.

The 62-year-old American is also suspected of having participated in a similar Ghosn honor reduction operation from 2015 to 2018. He denies any fraud.

Kelly joined Nissan's US subsidiary in 1988 after a career. as a lawyer. In 2008, he became a member of the group's board of directors, responsible for organizing the president's program. In 2012, he became a director.

Renault President Carlos Ghosn is still in prison and is being abused. The court decided on Sunday to extend his pre-trial detention until at least 1 January.

In a video posted on the Internet, the wife of Greg Kelly cited "the possibility of a release on Christmas Day"

A few days after the arrest of the two leaders, Nissan has removed Ghosn from the board chair and Kelly from his acting roles.

Carlos Ghosn remains the general manager of Renault and the alliance formed with the Japanese Nissan and Mitsubishi Motors, the largest automobile group in the world.

CHRONOLOGY

19.nov.
Chairman of the Nissan Board of Directors, Carlos Ghosn Arrested for Alleged Financial Offenses in Japan; the director of the Nissan, Greg Kelly, is also detained, suspected of being involved in the case

21.nov.
Tokyo Court Keeps Ghosn and Kelly's Prison for Ten Days

22.
Ghosn utters for the first time since his arrest and denies the charges



Ghosn pronounces for the first time since his arrest and denies the accusations



The Tokyo court agrees to extend the detention of Ghosn until December 10



Mitsubishi Motors revokes Ghosn from the collegiate presidency

30.nov.
Tokyo prosecutors officially accuse Ghosn of under-reporting his income and prolonging his detention.
A Brazilian court decides to release him



The Tokyo court dismisses the appeal filed by Ghosn's lawyers for his release

12.dez [19659012] Ghosn must have access to an apartment in Rio de Janeiro to recover his personal belongings

13.dez
Nissan states that Ghosn and its representatives are not allowed to access at the Rio apartment and that the contents of three existing safes on the property may contain evidence against the executive. On the same day, the Renault Board of Directors ratifies Mr Ghosn as Chairman of the multinational

14.dez
Nissan informs that representatives of Mr Ghosn have retrieved documents concerning the Social Apartment Rio

.
Tokyo Court of Appeal decides not to extend the arrest of Carlos Ghosn

21.dez
Tokyo prosecutor launches new accusation and manages to prevent Entrepreneur to be harbaded.

Japanese court decides to extend Ghosn's detention for another 10 days

Dec. 25
Greg Kelly on bail of $ 2.4 million

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