Flights - Transports > Corporate

Vokswagen executive sentenced to 7 years for emissions fraud

8 monthes ago   |   By

Volkswagen
A Volkswagen executive in the US has been sentenced to seven years in prison.
The executive played a key role in the company's diesel emissions scandal.
The sentence was the maximum possible under an August plea deal.
DETROIT - A U.S.-based Volkswagen AG executive who oversaw emissions issues was sentenced to seven years in prison and fined $400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has cost the German automaker as much as $30 billion.
The prison sentence and fine for the executive, Oliver Schmidt, were the maximum possible under a plea deal...
Read more ...

 

Former VW Exec Sentenced To 7 Years In Prison Over Role In Dieselgate

Former VW Exec Sentenced To 7 Years In Prison Over Role In Dieselgate

8 monthes ago   |   By

Oliver Schmidt, the former head of Volkswagen's U.S. regulatory compliance office from 2014 to 2015, was sentenced on Wednesday to seven years in prison for his role in the German automaker's emissions cheating scandal.
Read more ...

 


Search by Tags

   Corporate      Deals      Volkswagen      Volkswagen Emissions Scandal      Sentencing      Oliiver schdmit      Volkswagen      Dieselgate  


Yosemite reopens after a 3-week closure due to a massive wildfire that cost...

Yosemite reopens after a 3-week closure due to a massive wildfire that cost businesses hundreds of thousands of dollars

AP Photo/Noah Berger, File Most parts of Yosemite National Park are reopening on Tuesday after a 20-day closure during peak tourist season. The park closed due to a massive... Read more ...