200 investigators in action: raid on Porsche and Audi – suspicion of fraud against the Board

04/19/2018

200 investigators in action Raid on Porsche and Audi – suspicion of fraud against the Board

REUTERS

Porsche headquarters in Zuffenhausen: raid on suspected fraud

The sports car manufacturer Porsche Show stock market chart is drawn deeper and deeper into the exhaust gas scandal: Due to the suspicion of fraud and punishable advertising with manipulated diesel exhaust gas scanned on Wednesday more than 190 forces ten properties in Baden-Württemberg and Bavaria, as the Stuttgart public prosecutor announced.

For the first time, the agency said that it was investigating three known accused, including an active board member. Porsche confirmed that company premises had been searched and documents had been secured. No matter what the person is, neither the company nor the prosecutors wanted to disclose it. The prosecution said it was next to the active board to a senior manager and an ex-Porsche manager.

According to the news agency Reuters, the suspected board member should not be Porsche CEO Oliver Blume. “It’s not about the CEO,” said two people with knowledge of the process.

Also sites of Audi searched

Also involved in the raid were the Bavarian State Office for Criminal Investigation and the Public Prosecutor’s Office in Munich, which also has two locations Audi had been searched, said a spokesman for the prosecutor Stuttgart. Because of fraud with emissions, prosecutors have identified only former board members and top executives in all car manufacturers.

At Audi, the public prosecutor’s office Munich, in addition to ex-board members and engineers in executive committee, but still against “unknown”. In Munich sits as the only accused the former Porsche CEO Wolfgang Hatz in pre-trial detention, who had previously led the engine development at Audi and the VW Group below the board.

Of the exhaust scandal joined in September 2015 Volkswagen Show stock market chart began. The car company had admitted then that millions of vehicles had been equipped with software that enabled the full emission control only in test mode. On the road, the cars emitted significantly more pollutants. This plunged Volkswagen into a severe crisis. The biggest carmaker in the world has been costing more than 25 billion euros, mainly because of settlements and damages in the USA. searches But there was also already at BMW Show stock market chart and Daimler Show stock market chart as well as the supplier Bosch.

At Porsche, there had previously been investigations in connection with the exhaust foul at Volkswagen. In the fall of 2016, the company had begun a voluntary recall of the Macan model after doubts about the emission control system were raised. In July 2017, the then Federal Transport Minister Alexander Dobrindt (CSU) ordered a ban on registration of the Porsche SUV Cayenne with 3.0-liter TDI drive.

mg / AFX / rtr / afp

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