German prosecutors investigate ex-VW chief over emissions scandal

Braunschweig prosecutor’s office looking into Martin Winterkorn and another senior figure over suspected market manipulationGerman prosecutors have opened an investigation into the former Volkswagen chief executive Martin Winterkorn over allegations of market manipulation in relation to the company’s diesel emissions scandal. According to the state prosecutor’s office in Braunschweig, there was “sufficient concrete evidence” that Volkswagen had deliberately delayed informing shareholders of last year’s emissions scandal and the potential financial damage it could cause. Related: VW profits down 20% after diesel emissions scandal Continue reading...