Last checked at (Sharecast News) - Volkswagen announced on Friday it plans to claim damages from its former chief executive officer, Martin Winterkorn, and former Audi boss Rupert Stadler over the diesel emissions scandal.
After the investigation into the emissions fiasco concluded, the company found that Winterkorn and Stadler had breached their duty of care despite the two denying responsibility for the matter.
"Both Prof. Winterkorn and Mr. Stadler accomplished great things with the Volkswagen Group [...] there is no question that the impressive achievements in their professional careers still stand," Volkswagen's supervisory board said in a note sent to staff on Friday.
"However, as successful as their work was, there were aspects that Prof. Winterkorn and Mr. Stadler as Group Board members did not monitor carefully enough," it said in the note, seen by Reuters.
Volkswagen in 2015 admitted using illegal software to rig diesel engine tests in the United States which led to the company's biggest crisis ever.
It has already spent €32bn in fines and other costs.
14 Mar 2022 09:07
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