Volkswagen CEO and other three prosecution Emission control escape problem September 25 6:53
The German prosecutor's office prosecuted three incumbent CEOs, allegedly deliberately delaying the publication of the issue and manipulating the stock price, because the German automaker Volkswagen illegally escaped the exhaust gas regulations. .
Volkswagen is equipped with illegal software that keeps emissions of toxic substances low only during testing in order to escape the exhaust gas regulations, and investigation was carried out after it was discovered four years ago.
Prosecutors in Braunschweig, northern Germany, prosecuted on Wednesday for Volkswagen's Dice CEO and former CEO of Wintercoln, and Chairman Petsch of the Supervisory Board, deliberately delaying the issue and manipulating the stock price Announced.
Prosecutors have pointed out that the three were aware that fraud could cause significant economic losses months before the problem was discovered.
On the other hand, the Deece CEO lawyer argues that Mr. Dees joined Volkswagen's management team just before the fraud was discovered and was unable to foresee economic losses.
Volkswagen also commented, “The prosecution claims are unfounded and I am confident that all legal reporting obligations have been fulfilled.”