• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

New

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Carlos Ghosn

Carlos Ghosn’s Former Aide Leaves Jail After Court Grants Bail

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 26, 2018, 11:41 AM ET
Add Fortune on Google for similar content.

Greg Kelly, the Nissan Motor Co. director arrested along with former chairman Carlos Ghosn, was freed from jail, with a court granting him bail after spending more than a month in a Tokyo detention center.

Kelly walked out of a detention center late Tuesday night in Tokyo after a local court set his bail at 70 million yen ($635,000), according to the prosecutors’ office. He was arrested on Nov. 19 and was indicted for allegedly helping the car titan under-report his compensation by tens of millions of dollars. Both Ghosn and Kelly have denied the charges through their lawyers.

“Today I returned to the outside world after making bail,” Kelly said Tuesday in a statement provided by his lawyer to NHK, which was broadcast in Japanese. “I look forward to receiving a court judgment of innocence, restoring my name, and returning to my family as soon as possible.”

Japanese prosecutors lost an appeal against the granting of bail, allowing the American to leave jail late Tuesday evening. His departure from the detention center in a taxi, with helicopters and motorcycles following, was televised by local media including NHK. He was taken to a hospital in Ibaraki Prefecture for treatment of his spine and will remain there until the end of the year, and he had no plan to meet the press for now, according to Kyodo News.

The court has set conditions for the bail, including a ban on leaving Japan. He is not allowed to get in touch with people involved in the allegations, and needs to live at an address approved by the court.

Kelly’s release will help him mount a defense from outside the court while Ghosn remains in jail. Ghosn was re-arrested last week for a more serious allegation that he transferred his personal trading loss to Nissan in 2008. Kelly wasn’t included in the additional charge.

Ghosn will be detained until Jan. 1 over the new allegation, the Tokyo District Court said Sunday. His confinement could be extended for another 10 days after that. The handling of the two men’s cases has cast scrutiny on Japan’s justice system, which allows prosecutors to hold those suspected of crimes for weeks without charges.

Ghosn’s lawyer challenged the latest allegations that the former chairman transferred personal financial losses to Nissan and said Ghosn’s actions didn’t constitute a breach of trust.

The Japanese automaker has called Kelly, a Nissan veteran and the only American to serve on its board, a mastermind of a criminal plot to under-report his boss’s income, and has asked its staff to refrain from any communications with Ghosn and Kelly and their lawyers.

‘International Plot’

Dee Kelly, wife of the Nissan director, said in a video released through a lawyer Sunday that her husband is “a man of honor and integrity” who “holds himself to the highest ethical standards.” She reiterated that he had done nothing wrong and said he’d been “caught up in an international plot by some at Nissan to take control.”

Dee Kelly also said several U.S. government officials have supported efforts to arrange for his return to Tennessee.

Read more: Nissan’s Greg Kelly Ponders Fate From Tokyo Jail

Inside Nissan, Kelly was known as the CEO whisperer: The chief of staff who would deliver the most delicate messages to Ghosn, and the man Ghosn would count on to enforce his directives. Kelly was locked up in a small Tokyo jail cell with a toilet and wash basin, cut off from Ghosn and barely able to speak with his own lawyers in the past month.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in

Man laughing in a black hat
Big TechSpaceX
Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earnings
By Amanda GerutAugust 4, 2026
4 hours ago
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
C-SuiteSports
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
By Catherina GioinoAugust 4, 2026
5 hours ago
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a little league team’
AISpaceX
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a little league team’
By Tatiana SatauaAugust 4, 2026
5 hours ago
‘Baffling’: White House won’t publicly release AI model evaluation framework it reviewed today with OpenAI, Anthropic, Microsoft and others
White House
‘Baffling’: White House won’t publicly release AI model evaluation framework it reviewed today with OpenAI, Anthropic, Microsoft and others
By Emily ForliniAugust 4, 2026
6 hours ago
The remains of the German tugboat wreckage marked as UJ-106 in the Danube River.
Environmentwater use and conservation
Danube River’s shrinking water levels expose dozens of World War II ships
By The Associated Press and Marko DrobnjakovicAugust 4, 2026
7 hours ago
Firefighters work to extinguish a wildfire.
EnvironmentFire
Europe’s long, hot summer leads to thousands evacuated and fire operators dead
By The Associated Press, Derek Gatopoulos and Sylvie CorbetAugust 4, 2026
7 hours ago

Most Popular

How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' instead
Personal Finance
How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' instead
By Catherina GioinoAugust 4, 2026
22 hours ago
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
By Catherina GioinoAugust 2, 2026
3 days ago
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: 'Wealth is not the same as money'
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: 'Wealth is not the same as money'
By Nick LichtenbergAugust 4, 2026
22 hours ago
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
AI
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
By Marco Quiroz-GutierrezAugust 3, 2026
2 days ago
Current price of oil as of August 4, 2026
Personal Finance
Current price of oil as of August 4, 2026
By Joseph HostetlerAugust 4, 2026
20 hours ago
Scott Bessent is using moves from his hedge fund days to prop up Japan's yen—and America's $40 trillion national debt
Economy
Scott Bessent is using moves from his hedge fund days to prop up Japan's yen—and America's $40 trillion national debt
By Mia OsmonbekovAugust 4, 2026
10 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.