Greg Kelly, the former Nissan Motor Co. director arrested along with ex-Chairman Carlos Ghosn, was granted bail and released Tuesday, after spending more than a month in detention.

The Tokyo District Court set Kelly's bail at ¥70 million, according to the Tokyo Prosecutor's Office. Associates of Kelly paid his bail as prosecutors appealed the decision.

Kelly released a press statement Tuesday night through his attorney, denying he has falsified any reports related to Ghosn's compensation. He said he believes his innocence would be proven in court, adding he wants to go home to see his family as quickly as possible with his honor restored.