Archives for January 2017

Volkswagen managers are living dangerously, as 13 of their own have been indicted by governments around the world. In the U.S., six current and former Volkswagen managers have been charged, outgoing Attorney General Loretta E. Lynch said yesterday in a press conference in Washington D.C. On the same day, South Korea enlarged a list of Volkswagen managers charged with criminal wrongdoings to seven, per reports of South Korea’s Yonhap wire.

In a DOJ press conference that had its thunder stolen by President-elect Trump’s NYC presser with more salacious appeal, AG Lynch announced the by then well known $4.3 bln deal with Volkswagen, an indulgence trade that bought Volkswagen’s way out of criminal persecution by the U.S. government. The trouble for Volkswagen’s people however has just begun.

More in Forbes.