Although Nissan’s board fired Ghosn as its chairman as well as Kelly as its representative director; technically both are still board members and can be only removed by shareholders.
On Wednesday, Nissan’s former director Greg Kelly was examined at a hospital following his release from Tokyo jail on bail. His former boss Carlos Ghosn is still being detained by Japanese authorities.
Kelly was released on Christmas Day having spent a month in detention over allegations of conspiring to under-report Ghosn’s income.
He posted bail of $640,000 (70 million yen).
Their arrest on November 19, had jolted the global car industry and strained Nissan’s alliance with French carmaker Renault SA. Last month, Nissan’s board fired Ghosn as its chairman as well as Kelly as its representative director; technically both are still board members and can be only removed by shareholders.
According to a video message release by his wife, Dee Kelly, Kelly suffers from spinal stenosis which causes numbness, tingling sensations and shooting pain in his extremities. The condition pinches the spinal cord. Dee Kelly’s wife stated citing Kelly’s lawyer, that these symptoms had worsened during his five weeks in the Tokyo Detention Center.
Under the conditions of his bail, Kelly is barred from traveling overseas and his residence must be restricted to a designated place, said the Tokyo District Court. However, lawyers have said, travel exceptions can be made on a case-by-case basis.
After his release from detention, Kelly issued a statement through his lawyer saying he had not falsified any documents and looked forward to restoring his honor in court. “I believe my innocence will be revealed in the trial,” said Kelly.
“The company’s own investigation uncovered substantial and convincing evidence of misconduct, resulting in a unanimous board vote to dismiss Ghosn and Kelly as chairman and representative director. Our investigation is ongoing,” said Nissan’s spokesman.