Volkswagen CEO says he is “not among the accused” probed for fraud

by SpeedLux
herbert diess images

Volkswagen’s CEO Herbert Diess stated he was not one of the Volkswagen executives being investigated for fraud and breach of fiduciary trust after German prosecutors on Monday sought to push criminal charges against his predecessor.

“I am not among the accused. I do not expect to be charged,” Diess stated on the sidelines of a Volkswagen event at the Shanghai Auto Show on Monday.

Prosecutors in Braunschweig, Germany, stated on Monday they were pushing criminal charges against former Volkswagen Chief Executive Martin Winterkorn for fraud, breach of trust and breaching competition laws for failing to prevent polluting diesel cars being put on sale.

Diess is being probed in a separate investigation about market manipulation. VW and Diess declined to comment on the status of the other probe.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More