Senior - BHPian
Join Date: Mar 2021
Location: Bangalore
Posts: 2,411
Thanked: 22,979 Times
Ex-Volkswagen CEO to look proceedings 9 years aft Dieselgate scandal
Martin Winterkorn, erstwhile main enforcement serviceman of Volkswagen, reportedly appeared successful tribunal past week to look proceedings implicit fraud charges implicit the 'Dieselgate' scandal, which took spot 9 years ago.
Winterkorn was removed from his presumption successful September 2015 aft it emerged that millions of Volkswagen cars were recovered to person manipulated their emanation tests to walk biology standards. Winterkorn appeared successful tribunal past Tuesday, marking the commencement of his transgression trial. The charges against the erstwhile CEO see fraud, marketplace manipulation and unlawful mendacious grounds earlier a parliamentary committee.
Winterkorn's lawyers though denied the charges against him, stating, "Our lawsuit did not defraud oregon harm anyone, helium did not deliberately permission the superior marketplace successful the acheronian truthful that investors would beryllium harmed, and helium told the investigating committee the truth."
The erstwhile CEO was successful tribunal successful February this year, appearing arsenic a witnesser successful an capitalist lawsuit. He had, adjacent then, denied immoderate engagement successful decisions to instal the 'cheat devices' to walk the emanation tests.
The proceedings of the ex-CEO comes astatine a clip erstwhile Volkswagen is looking to unopen down its German manufacturing facilities.
Source: Reuters
Last edited by RahulNagaraj : 10th September 2024 astatine 12:06.