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Prosecutors seek two-year prison term for former Nissan executive Kelly - Financial Markets Worldwide

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ReutersStock Markets17 minutes ago (Sep 29, 2021 04:16AM ET)

© Reuters. Greg Kelly, former representative director of Nissan Motor Co., arrives for the first trial hearing at the Tokyo District Court in Tokyo, Japan, September 15, 2020. Kiyoshi Ota/Pool via REUTERS/Files

TOKYO (Reuters) – Japanese prosecutors asked a Tokyo court on Wednesday to send former Nissan (OTC:) Motor executive Greg Kelly to prison for two years for his alleged part in helping Carlos Ghosn, the carmaker’s ousted CEO, hide earnings.

Prosecutors, who are also seeking a 200 million yen fine for the Japanese carmaker, called for the jail sentence for Kelly during their closing arguments in a trial that began a year ago.

($1 = 0.0090 yen)

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