Former VW Executive charged by German prosecutors

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Former VW CEO Martin Winterkorn and four others have been charged by German prosecutors in connection to the carmaker’s diesel emission testing in 2015.

VW was guilty of using illegal engine control software to cheat U.S. pollution tests in 2015, triggering a global backlash against diesel that and has so far cost it $32.8 billion.

Prosecutors in the city of Braunschweig 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 also added that Winterkorn failed to inform authorities in Europe and the United States as well as customers of the illegal software and he also did not prevent the continued installation of such software.



Source: Smart Trend Team