Former Volkswagen CEO Winterkorn charged with fraud by German prosecutors

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[FRANKFURT] German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker's manipulation of diesel emissions testing, more than three years after the scandal came to light. Read more at The Business Times.

German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker's manipulation of diesel emissions testing, more than three years after the scandal came to light.[FRANKFURT] German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker's manipulation of diesel emissions testing, more than three years after the scandal came to light.

Winterkorn's lawyer, Felix Doerr, said he could not comment on the charges because he had been denied access to important case files.A spokesman for Winterkorn, who resigned shortly after the scandal came to light and said at the time he was stunned by the scale of misconduct, did not respond to a request for comment.

The events took place between November 2006 and September 2015, the prosecutors said, adding that Winterkorn had failed in his duty to inform European and US authorities after it became clear in May 2014 that diesel engines had been manipulated. They added that this had resulted in Volkswagen being slapped with much higher fines in Germany and the United States than would have been the case had he acted.

While Winterkorn has already been charged by US authorities, he remains in Germany, which does not typically extradite its citizens for prosecution in US courts.

Source: News Formal (newsformal.com)

 

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