REUTERS
Ex-VW boss Martin Winterkorn wants to postpone first court hearing in matters Dieselgate
The former VolkswagenChief Martin Winterkorn has deferred his lawyers by postponing a first court hearing indiesel gateFiled a lawsuit with the US Securities and Exchange Commission, saying Winterkorn’s senior attorney was prevented from postponing the date to 10 May in consultation with the other defendants and the SEC on April 23, according to Wednesday’s local time ) filed with the competent court in San Francisco.
The stock exchange supervision had Volkswagen Show stock market chart and Winterkorn sued in mid-March. The allegation: The group is said to have collected over $ 13 billion (11.6 billion euros) 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. However, Germany should not face extradition.
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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.
dpa-AFX / akn