Ex-Nissan Director Conviction Upheld Over Carlos Ghosn’s Pay (1)

Former Nissan Motor Co. director Greg Kelly’s conviction on charges of helping former chairman Carlos Ghosn under-report his compensation was upheld by a three-judge panel.

The court also dismissed appeals by the defendant and the prosecution after hearing arguments and reviewing evidence following Kelly’s conviction in March 2022. Tuesday’s ruling, which was read out in court in less than an hour, main adjudicator repeatedly said the district court’s decision wasn’t unreasonable or erroneous.

The ruling effectively preserves the status quo for Kelly, and by proxy, Ghosn, and gives Japanese authorities a way to claim some form of prosecutorial victory ...