Martin Winterkorn
The US already issued a warrant for arrest in May 2018 against the former VW boss.
San FranciscoThe former Volkswagen-Boss Martin Winterkorn has filed a lawsuit to defer a first court hearing in the “Dieselgate” dispute with the Securities and Exchange Commission. As Winterkorn’s senior attorney was prevented from doing so on April 23, the appointment should be postponed to 10 May in consultation with the other defendants and the SEC, according to the motion filed Wednesday (local time) with the San Francisco court.
The exchange would have VW and Winterkorn sued in mid-March. The allegation: The group is said to have collected over $ 13 billion (€ 11.6 billion) with bonds on the US capital market during the emissions scandal between April 2014 and May 2015 under false pretenses. Investors were fooled that serious violations of US environmental laws were committed at the time. VW announced that it would “emphatically” defend itself against the lawsuit.
The case is being conducted by Judge Charles Breyer, where numerous other US emissions lawsuits have been filed against VW. Winterkorn will not appear in court anyway. Against the former VW boss issued the United States Already in May 2018 arrest warrant, he is accused of conspiracy to violate environmental laws and deception of the authorities. A conviction would be a long prison sentence. Out Germany but should not threaten extradition.
The US judiciary had previously filed criminal charges against a number of other employees of the VW Group. Two of them, engineer James Liang and manager Oliver Schmidt, were sentenced to several years’ imprisonment and heavy fines in August and December 2017, respectively. At the corporate level, it seemed to the SEC lawsuit, as if VW have completed the legal work-up of the exhaust gas affair in the US with billion-dollar comparisons.
Current club events
*/
]]>
The most important news every morning in your inbox.