Thursday, June 23, 2016

VW major shareholder Lower Saxony contributes discharge for board not with – FinanzNachrichten.de

Hannover / Wolfsburg – The Volkswagen major shareholder Lower Saxony denied the Executive Board due to issues arising in the exhaust affair a complete discharge for the past year. The country abstained at the vote at the general meeting of its votes in an incumbent and a former manager. Thus Niedersachsen refused with its 20-percent stake in Volkswagen the retired ex-CEO Martin Winterkorn and reigning Volkswagen boss Herbert Diess the confidence

“Lower Saxony would not give the slightest impression to position itself on the issue of the ongoing investigation in the current process status,” said a spokeswoman for the regional government in the night to Thursday. “That alone is a matter for the public prosecutor’s office and possibly later the courts.” The final completion of the investigation remains to be seen, it presumed innocent, “hasty conclusions …

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