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"Dieselgate": what is the legal situation?

2020-09-18T20:04:52.069Z


Main culprit, the Volkswagen group has already had to spend around 30 million euros to try to settle the various procedures.


On the judicial level, the “Dieselgate” remains a sprawling affair with international ramifications.

It threatens both companies and their leaders.

Main culprit, the Volkswagen group has already had to spend around 30 million euros to try to settle the various procedures.

The first VW figure associated with the scandal, its ex-CEO Martin Witterkorn is awaiting trial in Germany, where he is referred to the Brunswick court for organized gang fraud.

His successors and colleagues, including the current boss, Herbert Diess, and the chairman of the supervisory board, Hans Dieter Pötsch, have been more fortunate.

Only charged with manipulating the financial markets, they escaped trial by means of a transaction of 9 million euros with the courts.

Read also:

Five years after the "Dieselgate", the electric is essential

With this costly strategy of amicable agreements, the Wolfsburg firm is trying to shorten the interminable judicial soap opera.

And to settle the countless civil lawsuits initiated by customers

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Source: lefigaro

All business articles on 2020-09-18

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