Former VW chief goes on trial nine years after dieselgate

Former VW chief goes on trial nine years after dieselgate


Former Volkswagen Chairman Martin Winterkorn appears for a trial on suspicion of fraud, making false statements and market manipulation, in Braunschweig, Germany September 3, 2024. 

Fabian Bimmer | Reuters

Former Volkswagen Chief Executive Martin Winterkorn appeared in court on Tuesday on fraud charges over the so-called dieselgate scandal, nine years after the German carmaker was found to have rigged emissions tests.

Winterkorn, who was toppled from the helm of the company in September 2015 after it emerged that millions of Volkswagen cars had been manipulated to pass environmental standards, became a figurehead of the scandal, the biggest in the company’s history.

Tuesday marked the start of the 77-year-old’s criminal trial, the culmination of a case more than five years in the making.

The trial comes as the future of Volkswagen’s German locations is in question, as the carmaker looks for billions of euros in savings at its namesake brand.

Winterkorn was tight-lipped entering court in the central city of Braunschweig in a dark-blue suit but told reporters he was “doing very well.”

The criminal charges against Winterkorn include fraud, market manipulation and unlawful false testimony before a parliamentary committee.

He is also alleged to have failed to inform the capital market in good time about the mass manipulation of diesel engines in 2015.

Via his lawyer, Winterkorn denied the charges against him.

“Our client did not defraud or harm anyone, he did not deliberately leave the capital market in the dark so that investors would be harmed, and he told the investigating committee the truth,” his lawyer said.

The 77-year-old has suffered from health problems, causing repeated delays to the start of the trial.

It was the former CEO’s first time in court since February this year, when he appeared as a witness in an investor lawsuit.

He denied any involvement in decisions to install the so-called defeat devices that made harmful diesel emissions seem cleaner than they were.

He has previously been questioned by an investigative committee of Germany’s lower house of parliament and by law firms commissioned by Volkswagen.

If found guilty, Winterkorn faces a fine or a custodial sentence.



Source

Coco Gauff handles bad memories and top-ranked Aryna Sabalenka to earn first French Open title
World

Coco Gauff handles bad memories and top-ranked Aryna Sabalenka to earn first French Open title

Drawing on the painful memory of her defeat three years ago in the French Open final gave Coco Gauff just the motivation she needed to win the clay-court major for the first time. The 21-year-old American defeated top-ranked Aryna Sabalenka 6-7 (5), 6-2, 6-4 on Saturday for her second Grand Slam title, two years after […]

Read More
Longevity doctor: ‘Every single day I try to get at least 30 to 40 grams of fiber in my diet’—here’s how
World

Longevity doctor: ‘Every single day I try to get at least 30 to 40 grams of fiber in my diet’—here’s how

Poonam Desai is an ER doctor with two decades of experience who studied and recommended daily practices for a long life to her patients well before it became her main focus.  In 2017, she officially started practicing longevity medicine, teaching patients the tools they need to structure their routines with living long and staying healthy in […]

Read More
I’ve spent 10 years studying parents of highly successful kids—5 things they do differently: ‘It’s not just hard work and grit’
World

I’ve spent 10 years studying parents of highly successful kids—5 things they do differently: ‘It’s not just hard work and grit’

I’ve always been fascinated by families whose children seem to be on some kind of unusual streak, reaching the top of their career ladders, or, even more interesting to me, blazing trails or following their passions with spectacular results. What did their parents do differently to empower them? What do researchers really know about what’s […]

Read More