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Dieselgate 2.0

Started by lancaIV, January 12, 2021, 04:33:31 AM

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lancaIV

https://www.focus.de/finanzen/news/medienbericht-abgasskandal-us-behoerden-sollen-vw-geschont-haben_id_12858062.html
https://translate.google.com/translate?sl=auto&tl=en&u=https://www.focus.de/finanzen/news/medienbericht-abgasskandal-us-behoerden-sollen-vw-geschont-haben_id_12858062.html
Organized company fraud now becoming co-estatal fraud !
This second "after Dieselgate" fraud eliminates all international agreements between VW and estates and consumers since 2017 and

probably now :

not only 170 billions Euros juridical fine but the double sum !
VW bancrupt !
Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN : in liquidation !

Sincere
OCWL

tonygiang

The problem of corrupt morality not only exists in the German business world, but also in some big tech and American political circles! 2020 is a lot of bad things!

aether22

Google Translate did a good job:



Tuesday, January 12th, 2021, 1:28 PM
In the emissions scandal, car manufacturer Volkswagen reached, according to a confidential paper that is available to the "Süddeutsche Zeitung", that seriously incriminating circumstances remained secret. That may have saved VW billions of euros.


In the course of the emissions scandal, Volkswagen had succeeded in preventing the publication of some of the results of the investigation that put a heavy burden on the group. This emerges from a board paper classified as strictly confidential, which is available to the "Süddeutsche Zeitung". According to the paper, VW reached substantial concessions four years ago in a comparison of fines in the US running into billions.


Volkswagen has already had to pay more than $ 20 billion in the USA
Due to the positive course of the negotiations, the Justice Department in Washington did not include some "serious" and Volkswagen "onerous circumstances" in a public statement of facts, according to the template for a board meeting in January 2017. The VW board had then agreed to the US settlement.


As the newspaper further reported, the statement of facts submitted by the US authorities was considered to be the central collection of facts about violations of the group against emissions regulations. According to the board of directors, Volkswagen was able to prevent the inclusion of different formulations in the Statement of Facts, which would have led to considerable additional consequential risks for other proceedings in the rest of the world. According to the "Süddeutsche Zeitung", the board document documents that VW wanted as little as possible to leak out about the exhaust gas manipulation in order to avoid excessively high compensation payments. At that time, the concern prevailed in the group that it would not be able to cope with the affair financially if payments similar to those in the USA were due worldwide. Volkswagen had to raise more than $ 20 billion in fines and damages in the United States. Worldwide that would have been the equivalent of up to 170 billion euros, writes the newspaper. The group has so far managed to limit the damage from the emissions scandal to around 35 billion euros.


VW have made "an essential contribution to clarification and transparency"
As Volkswagen informed the newspaper at the request, all the findings of its own internal investigation were made available to the US Department of Justice at the time. The US authorities would then have made an "objective documentation". In addition, VW had always pointed out that the global investigation was not concluded with the comparison and the statement of facts, said a company spokesman, according to the newspaper's report. He responded to a speech by supervisory board chairman Hans Dieter Pötsch at the shareholders' meeting VWreferenced in May 2017. At the time, Pötsch had stated that the Statement of Facts was freely available and reflected the findings "that are relevant from the point of view of the US authorities". In doing so, the VW supervisory board made a "significant contribution to clarification and transparency".
?To forgive is to set a prisoner free and then discover that the prisoner was you.?  Lewis Smedes