Volkswagen has reached an agreement with its former top people on compensation for the diesel scandal.
It will be expensive for the ex-bosses, but the company gets the largest share from elsewhere.
Wolfsburg - Ex-Volkswagen boss Martin Winterkorn and three other ex-top managers pay record compensation to Volkswagen because of the diesel scandal.
According to the final agreement, an amount of almost 288 million euros was agreed, the group announced on Wednesday.
The former CEO, who is facing charges by the Berlin public prosecutor, personally pays 11.2 million euros.
Ex-Audi * boss and VW board member Rupert Stadler is to transfer 4.1 million euros himself.
With him and Winterkorn it is about the violation of stock corporation law due diligence.
The former Porsche board member Wolfgang Hatz also contributes 1.5 million euros, the former Audi manager Stefan Knirsch 1 million euros.
VW: Most of the compensation is covered by insurers
There are also additional insurance benefits that are well above the private amounts.
According to VW *, they add up to a total of 270 million euros.
In addition to the lawyers of the former managers, more than 30 insurers were involved in the negotiations.
Both the personal payments and the insured coverage result in "by far the highest sum that such a consortium has ever put on the table in Germany," said negotiators.
The fundamental decision to draw Winterkorn and some of his colleagues to “Dieselgate” to take financial responsibility had already been made at the end of March.
Now the details are in.
VW: Ex-Head of Development Hackenberg rejects payments
VW had also demanded compensation from ex-head of development Ulrich Hackenberg.
However, he was “not ready to reach an agreement”, which is why “legal steps” should now be prepared against him.
The agreed payments, which were discussed outside of civil or criminal law processes, could put a provisional end in the years of processing individual responsibilities in the emissions scandal. The general meeting scheduled for July 22nd has yet to approve the resolutions. However, further questions have to be clarified before the courts themselves in ongoing or upcoming proceedings.
(dpa / utz) * Merkur.de is part of IPPEN.MEDIA.
