Ex-VW Chief Charged in US
Ex-VW Chief Charged in US

Ex-VW Chief Charged in US

Ex-VW Chief Charged in US

The United States has filed criminal charges against former Volkswagen AG boss Martin Winterkorn, accusing him of conspiring to cover up the German automaker’s diesel emissions cheating, in a rare attempt to prosecute a CEO for company actions. The indictment reopens the question of whether other senior Volkswagen executives knew about the scandal, which has dogged Europe’s biggest automaker for more than two years and led to a regulatory crackdown that is threatening thousands of jobs as customers increasingly shun diesel-powered cars, Reuters reported. Winterkorn, 70, is charged with four felony counts, including conspiracy to defraud the United States, wire fraud and violating the Clean Air Act from at least May 2006 through November 2015, after VW admitted using illicit software that allowed diesel cars to emit excess pollution without detection.


Short URL : https://goo.gl/rcPD7V
  1. https://goo.gl/8F2c2r
  • https://goo.gl/D42DGF
  • https://goo.gl/56emrw
  • https://goo.gl/4w4ztc
  • https://goo.gl/U3K5ik

You can also read ...

IMF Pledges Continued Work With Central Bank of Iran
More than a week after US Treasury Department blacklisted...
Billet Export Prices Increase
Iranian export steel billet prices picked up in the week ended...
The Sartak-Pishta border gate between the Kurdistan Regional...
More Grain Shipments to Iran
For transport and logistics industry experts, spring is always...
Foiling US Sanctions on Iran: The EU Blocking Regulation
The EU has announced its intention to protect European...
Majlis Forex Options Still on Agenda
Chairman of Majlis Economic Commission said on Tuesday a...
The GDPR clarifies and strengthens existing individual privacy rights.
New European privacy regulations that were to go into effect...
Flooding Inflicts Heavy Damage on Roads
Recent heavy rainfall and flooding in Iran have inflicted...

Add new comment

Read our comment policy before posting your viewpoints