The Tokyo District Court on Tuesday approved the release on bail of Greg Kelly, a former representative director at Nissan Motor Co.
Kelly, 62, has been detained at the Tokyo Detention Center for suspected violation of the Financial Instruments and Exchange Law by underreporting the remuneration of Carlos Ghosn, 64, the company's former chairman, in securities reports.
Bail has been set at 70 million yen. He may be released from the detention center as early as the end of Tuesday.
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