Greg Kelly, Nissan Motor Co.'s representative director, who was arrested on the same day as Chairman Carlos Ghosn for allegedly conspiring in financial misconduct, has denied that Ghosn's salary was falsely underreported in the company's securities reports, sources close to the matter said Saturday.
Kelly said that Nissan's securities reports were properly written and that there were no problems with them, the sources said. It is the first time that comments made by either of the two Nissan officials on the allegations have become known since their arrest Monday. Both Ghosn and Kelly were stripped of their posts at an emergency board meeting Thursday.
Tokyo prosecutors arrested Ghosn for allegedly underreporting his salary by around ¥5 billion ($44 million) for five years through fiscal 2014 while receiving nearly ¥10 billion during that period.