German state authorities expand VW’s diesel emission scandal scrutiny with market manipulation angle

Authorities have already raided 13 offices in VW’s headquarters and have seized documents and electronic files from its computers.

WirtschaftsWoche, a German Magazine has reported citing a spokesman from the state prosecutors office as saying, they have started fresh enquiries into suspicions of market manipulation at Volkswagen, as part of the diesel emission scandal.

According to the spokesman, German authorities, in Braunschweig, have searched 13 offices in the Volkswagen headquarters in the beginning of March and have seized computer files and documents.

According to German authorities, they are verifying a statement issued by Volkswagen on December 9, 2015 over suspicions that its contents were not correct and are probing the market manipulation angle in the diesel emission case.


Categories: Creativity, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

Tags: , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: