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Former Chinese Internet Czar Pleads Guilty to Corruption

Lu Wei, the man who once led President Xi Jinping’s campaign to turn China into a cyberpower, pleaded guilty to corruption charges in a case that Beijing has trumpeted as a demonstration of its commitment to a wide-ranging antigraft crackdown......»»

Category: asiaSource: wsjOct 20th, 2018

Chief Of Staff In Trump Aide"s Inner Circle Pleads Guilty To $1B Fraud Scheme

Yvette Wang, the chief of staff to exiled Chinese businessman Guo Wengui, has pleaded guilty to a fraud conspiracy involving over $1 billion, just weeks before Guo's own trial on related charges. read more.....»»

Category: blogSource: benzingaMay 4th, 2024

Volkswagen takes one-two punch in Australia with fine, regulatory proceedings

Volkswagen AG took two raps in Australia on Friday as a federal court upheld a fine on the German car maker as part of a global diesel emissions cheating scandal and a regulator started penalty proceedings against one of its financial units......»»

Category: topSource: reutersDec 20th, 2019

German prosecutors indict top VW bosses over emissions scandal

German prosecutors are pressing criminal charges against the CEO, chairman, and a former CEO of Volkswagen, saying they intentionally delayed telling investors about the carmaker's cheating of U.S diesel emissions tests. David Pollard reports......»»

Category: videoSource: reutersSep 24th, 2019

VW"s Diess will continue as CEO after German prosecutors pressed charges

Volkswagen's Herbert Diess will keep his role as the carmaker's chief executive and continue to defend himself with all legal means after prosecutors indicted him in connection to an emissions cheating scandal, his lawyers said on Tuesday......»»

Category: topSource: reutersSep 24th, 2019

German prosecutors indict top VW bosses over emissions scandal

German prosecutors have brought criminal charges of stock market manipulation against Volkswagen CEO Herbert Diess, former CEO Martin Winterkorn and Chairman Hans Dieter Poetsch in connection with the carmaker's emissions cheating scandal......»»

Category: topSource: reutersSep 24th, 2019

Prosecutors charge former Audi CEO over his role in emissions scandal

German prosecutors said on Wednesday they had filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated over his role in Volkswagen's emissions test cheating scandal. Emer McCarthy reports......»»

Category: videoSource: reutersJul 31st, 2019

German prosecutors charge ex-Audi boss Stadler over emissions cheating

German prosecutors said on Wednesday they had filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated for his role in Volkswagen's emissions test cheating scandal......»»

Category: topSource: reutersJul 31st, 2019

Prosecutors charge former Audi CEO Stadler over his role in emissions scandal

Prosecutors have filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated for his role in Volkswagen's emissions cheating scandal, the public prosecutors office in Munich said on Wednesday......»»

Category: topSource: reutersJul 31st, 2019

Volkswagen sets aside 5.5 billion euros in contingent liabilities for diesel scandal

Volkswagen said it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, chief financial officer Frank Witter said on Thursday......»»

Category: topSource: reutersMay 2nd, 2019

Former VW CEO Winterkorn charged in US over diesel scandal

Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker's diesel emissions cheating......»»

Category: topSource: moneycentralMay 3rd, 2018

Former VW CEO Winterkorn charged in US over diesel scandal

Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker's diesel emissions cheating......»»

Category: topSource: moneycentralMay 3rd, 2018

Former VW CEO indicted in emissions cheating case

A federal grand jury in Detroit has indicted former Volkswagen CEO Martin Winterkorn on charges stemming from the company's diesel emissions cheating scandal......»»

Category: topSource: foxnewsMay 3rd, 2018

US indictment alleges top VW exec knew of emissions cheating

A federal grand jury in Detroit has indicted former Volkswagen CEO Martin Winterkorn on charges stemming from the company's diesel emissions cheating scandal......»»

Category: topSource: foxnewsMay 3rd, 2018

Former Volkswagen CEO charged in US over emissions cheating

A federal grand jury in Detroit has indicted former Volkswagen CEO Martin Winterkorn on charges stemming from the company's diesel emissions cheating scandal in a plot that prosecutors allege reached the top of the world's largest automaker......»»

Category: topSource: moneycentralMay 4th, 2018

Why Volkswagen can"t ignore new diesel cover-up claim

Volkswagen is facing new accusations that top executives tried to cover up diesel emissions cheating, scuttling its bid to move beyond the scandal......»»

Category: topSource: cnnMay 4th, 2018

VW fined one billion euros by German prosecutors over emissions cheating

BERLIN (Reuters) - Volkswagen was fined 1 billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on Wednesday......»»

Category: topSource: reutersJun 13th, 2018

VW agrees to $1.2 billion fine as diesel crisis grinds on

Volkswagen AG will pay a 1 billion euro ($1.2 billion) fine imposed by German prosecutors for cheating to get around diesel-emissions regulations, closing one chapter in a three-year-old crisis even as new developments arise......»»

Category: topSource: moneycentralJun 13th, 2018

Volkswagen fined one billlion euros by German prosecutors over emissions cheating

BERLIN (Reuters) - Volkswagen was fined one billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on Wednesday......»»

Category: topSource: reutersJun 13th, 2018

VW could face further fines from German authorities

BRAUNSCHWEIG, Germany (Reuters) - Volkswagen could face additional fines in Munich and Stuttgart on top of the 1 billion euros ($1.2 bln) it has been told to pay for management lapses which caused emissions cheating on 11 million VW diesel cars......»»

Category: topSource: reutersJun 14th, 2018