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Monday, September 28, 2015

German prosecutors open fraud probe against ex-VW chief executive Martin Winterkorn Monday Sep 28,2015

German prosecutors Monday Sep 28,2015 opened a Fraud investigation against former Volkswagen CEO Martin Winterkorn to establish what his role was in the company's emissions-rigging scandal.

The investigation will concentrate on the suspicion of fraud committed through the sale of vehicles with manipulated emissions data and aims to determine who was responsible, prosecutors in Braunschweig said in a statement.

In the German system, anyone can file a criminal complaint with prosecutors, who are then obliged to examine them and decide whether there is enough evidence to open a formal investigation.

In this case, following the revelations about the rigged tests, prosecutors in Braunschweig, near VW's headquarters in Wolfsburg, received about a dozen complaints, including one from Volkswagen itself, said spokeswoman Julia Meyer.

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