Volkswagen’s current CEO and chairman are being charged with Dieselgate crimes

VW logo Photo by Sina Schuldt / Getty Images

Volkswagen’s CEO Herbert Diess, chairman Hans Dieter Poetsch, and former CEO Martin Winterkorn are being hit with criminal charges for allegedly waiting to tell investors about the automaker’s rampant emissions cheating, German prosecutors announced on Tuesday. The company’s supervisory board has reportedly called an emergency meeting to discuss the market manipulation charges. Volkswagen and Winterkorn are already being sued by the US Securities and Exchange Commission over similar civil charges.

The charges come almost four years to the day after the Environmental Protection Agency accused Volkswagen (and many of its sub-brands, like Audi and Porsche) of selling diesel vehicles that polluted far more than regulations allowed, a scandal...

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Volkswagen’s current CEO and chairman are being charged with Dieselgate crimes Volkswagen’s current CEO and chairman are being charged with Dieselgate crimes Reviewed by Benny on September 24, 2019 Rating: 5

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