German Fraud Probe Tagets ex CEO Winterkorn
Source: USA Today
Published 7:44 am Eastern Time ...1/27/17.
German prosecutors have expanded their fraud investigation into Volkswagen Group's emissions scandal to include former CEO Martin Winterkorn's alleged involvement in the matter.
The prosecutor's office in the German town of Brunswick, about half an hour from Volkswagens global headquarters in Wolfsburg, said Friday that it had expanded its investigation from a previous focus on 22 people to 37.
The fraud probe now includes Winterkorn, who had previously been under investigation only for his potential failure to disclose the scandal to investors early enough, prosecutors said.
Prosecutors are investigating the conduct of people responsible for rigging some 11 million diesel vehicles worldwide with software to evade emissions tests.
Winterkorn, who resigned days after the scandal erupted in September 2015, has denied involvement or early knowledge of the emissions regulations cheating. "It's incomprehensible why I wasn't informed early and clearly,..Winterkorn testified before a German parliamentary committee earlier this month, according to reports. "I would have prevented any type of deception or misleading of authorities."
Read more: http://www.usatoday.com/story/money/cars/2017/01/27/volkswagen-martin-winterkorn-emissions-scandal/97128918/
Is it possible the CEO of an huge international corporation lied about his involvement?...well......................
I have heard rumors that it rains very often in the Sahara Desert...(just rumors)
We all know that CEOs of huuuuuuuugee ...international corporations never lie..
