Volkswagen approaches settlement of diesel gate claims with former CEO Winter Korn

Berlin — Volkswagen On Sunday, he said he had reached a rough outline of the reconciliation with former boss Martin Winter Korn about his role in the Diesel Gate scandal. Final details will be shattered in the coming days.

Through the settlement, Volkswagen is turning to the page of the biggest corporate crisis to date, admitting that it used malicious software to tamper with it. diesel Engine test in the United States. Details about the size of the transaction have not been disclosed.

“At yesterday’s meeting, the Board of Corporate Auditors agreed on important terms.” Volkswagen A spokeswoman said in a statement. “The contract will be signed within a few days.”

Diesel Gate, one of the largest corporate scandals to date since it broke, has spent more than € 32 billion ($ 38.93 billion) on fines, repairs and legal costs for automakers.

Volkswagen indemnified former Wintercoln for violating his duty of care in late March for failing to fully and quickly reveal the circumstances behind the illegal use of software features on some diesel engines. Announced that it will charge.

Wintercoln denies responsibility for the scandal. He resigned as CEO on September 23, 2015, a week after the scandal was discovered.

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