Six Volkswagen executives charged with fraud
German prosecutors have charged six Volkswagen executives with fraud, accusing them of deliberately misleading authorities and customers in the run-up to the diesel emissions scandal in 2015. They are charged with failing to disclose the existence of cheat devices.
Public prosecutors in Braunschweig, close to VW’s headquarters, said in a statement that nine million vehicles were illegally registered for road use in the years before the Dieselgate affair was made public. Vehicles in Germany were also wrongly exempted from road tax.
The new charges add to a long list of legal battles of the world’s largest carmaker. Last September, prosecutors charged Volkswagen’s chief executive Herbert Diess, its chairman Hans Dieter Pötsch, and Mr. Winterkorn with market manipulation, for allegedly withholding information from shareholders about emissions cheating.
VW commented on those allegations as groundless. Investigations into 32 other defendants are still continuing.
Meanwhile, the company is negotiating a possible settlement in a group action lawsuit, brought by more than 400,000 VW customers in Germany.
14 January 2020 - EN-