Article 1HSN0 German prosecutors investigate ex-VW chief over emissions scandal

German prosecutors investigate ex-VW chief over emissions scandal

by
Staff and Reuters
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Braunschweig prosecutor's office looking into Martin Winterkorn and another senior figure over suspected market manipulation

German prosecutors have opened an investigation into the former Volkswagen chief executive Martin Winterkorn over allegations of market manipulation in relation to the company's diesel emissions scandal.

According to the state prosecutor's office in Braunschweig, there was "sufficient concrete evidence" that Volkswagen had deliberately delayed informing shareholders of last year's emissions scandal and the potential financial damage it could cause.

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