Winterkorn – Financial Treason & Crime

AFP News, 10 June 2021

French automakers Renault, Citroen and Peugeot are the latest companies to be ensnared in the “dieselgate” scandal — a massive emissions cheating scheme that started at German car giant Volkswagen.

Here is a timeline:

In 2014, US researchers at the University of West Virginia discover that certain VW diesel cars emit up to 40 times the permissible levels of harmful nitrogen oxide when tested on the road. Continue reading “Article: ‘Dieselgate’ Fraud: Timeline Of A Scandal”

01/15/202104/03/2021

Article: German court halts criminal proceedings against former VW CEO

Article - Media, Publications

German court halts criminal proceedings against former VW CEO

Caroline Copley, 15 January 2021

BERLIN (Reuters) – A German court in Braunschweig, Germany, said on Friday it had halted criminal proceedings against former Volkswagen CEO Martin Winterkorn for alleged market manipulation as part of the carmaker’s emissions scandal.

The court said it had decided to discontinue the proceedings as the expected sentence in another case, in which Winterkorn faces charges for his role in allowing diesel cars with excessive pollution levels to hit the road, was higher.

“In this context, the conviction for market manipulation would not lead to a significant increase in the overall sentence,” the court said in a statement.

The court opened proceedings in September examining whether Winterkorn was guilty of failing to inform investors adequately about the extent of the emissions fraud.

Read Full Article