German investigators have raided various offices around VW’s headquarters and possibly also the private home of Winterkorn in Munich. In addition, the prosecutors have received information from the other side of the Atlantic Ocean which allows them to start prosecuting the former CEO and CFO Hans Dieter Poetsch as well as the Head of the VW brand Herbert Diess. The number of defendants has been increased from 21 to 37.
VW’s market value fell by more than €40bn between Ferdinand Piech’s remark t ....
29 Jan 2017
New evidence found against former CEO Winterkorn
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New evidence found against former CEO Winterkorn
German investigators have raided various offices around VW’s headquarters and possibly also the private home of Winterkorn in Munich. In addition, the prosecutors have received information from the other side of the Atlantic Ocean which allows them to start prosecuting the former CEO and CFO Hans Dieter Poetsch as well as the Head of the VW brand Herbert Diess. The number of defendants has been increased from 21 to 37.
VW’s market value fell by more than €40bn between Ferdinand Piech’s remark t ....