German prosecutors press charges against former VW CEO Winterkorn

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Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen Chief Executive Martin ...

FRANKFURT: Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen Chief Executive Martin Winterkorn in connection with the carmaker's manipulation of diesel emissions testing.

Prosecutors said Winterkorn was accused of a particularly serious case of fraud, breach of trust and breaching competition laws because he had not acted - despite having a special responsibility to do so as the company's CEO - after it became clear on May 25, 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.VW said it would not comment because the company was not a party to the proceedings. Winterkorn remains in Germany, which does not typically extradite its citizens for prosecution in U.S. courts.

 

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