Volkswagen will demand compensation from former chiefs for diesel scandal
Former VW CEO Martin Winterkorn
The German auto concern Volkswagen (VW) in connection with the diesel scandal is demanding compensation from the former head of the concern Martin Winterkorn and the former head of Audi Rupert Stadler. The claims for compensation are based on a violation of obligations to protect the interests of the concern in accordance with the law on joint stock companies, the auto concern said on Friday, March 26.
The company explained that the supervisory board of the auto concern has completed an investigation into the causes and responsibility for the diesel scandal, but has not found any violations of obligations by other members of the VW board. The amount of compensation required is still unknown.
The VW diesel scandal erupted in September 2015. The carmaker was then forced to admit that special software was installed on some diesel engines, which underestimated the indicators for harmful emissions. As a result, VW had to pay billions of dollars in compensation.
See also:
Volkswagen lost in court and will pay compensation to car owners (05/25/2020)
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