Tuesday, June 21, 2016

VW scandal in news ticker: exhaust scandal BaFin shows all Volkswagen executives on – ABC Online

Updated Tuesday, 06.21.2016, 14:22
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VW manipulated world measurement data at eleven million vehicles in Germany alone, the Group must recall 2.4 million diesel cars. The leadership of the group knew well before the manipulations in the United States, as initially added

Tuesday, June 21, 2016, 14:16.: the Financial BaFin has displayed the entire Board of Volkswagen at the public prosecutor. The reported “Spiegel Online”. : suspected the Authority in the VW affair far more managers than previously known. The Reuters news agency reported on the display.

The Federal Financial Services makes the VW board total for presumed Marktmaipulation. On Monday, the prosecution had made investigations against two former board members publicly. The focus already former VW CEO Martin Winterkorn and the current Volkswagen boss Herbert Diess.

Have stood actually displayed all VW board members, this would be a unique case in the history of the Federal Republic. So far, the BaFin has at best shown individuals, but never the complete management of a company.

The BaFin did not want to press the message detail on request of FOCUS Online. One external not the number of persons displayed, said a BaFin spokeswoman on request.

A spokesman for the public prosecutor declared that it was not excluded that would be determined against other persons. The number of suspects could be increased at any time – but also fall. So is the ordinary share of Volkswagen The prosecutor’s office is currently investigating the suspicion whether Volkswagen deliberately late informed in September 2015, the financial consequences of millions of exhaust manipulation to keep the stock price high.

Before the resignation of CEO Winterkorn the board were in September to ten men. This included the current guidance figures: VW CEO Matthias Müller and chairman Hans Dieter Pötsch, who was still CFO.

 

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