Audi fined 800 million euros for fraud

Audi fined 800 million euros for fraud

October 16, 2018 0 By autotimesnews

Audi will pay 800 million euros in connection with the manipulation of indicators of emissions of harmful substances in diesel cars. This decision was made by the prosecutor’s office of Munich. Audi, in turn, decided not to dispute this verdict. It is reported MoneyControl with reference to the message of the Volkswagen group, which includes the company.

We are talking about cars with diesel engines V6 and V8. The concern stressed that “the payment of a fine will directly affect the financial performance” Volkswagen. The Munich prosecutor’s office accused Audi of “negligent breaking the rules” and “illegally gaining economic benefits.”

Earlier, the supervisory board of the automobile concern Volkswagen decided to dismiss the head of Audi, Rupert Stadler. A former top manager was detained several months ago in connection with the “diesel scandal”. In Volkswagen, this decision was explained by the fact that Stadler “is unable to fulfill his duties due to pre-trial detention.” At the same time, the parties reached an agreement on voluntary dismissal.

Rupert Stadler was arrested by the German authorities in June 2018 on suspicion of participating in a “diesel scandal” around the Volkswagen concern. Ex-head of Audi is suspected of fraud and participation in an advertising campaign that contains deliberately incorrect information. At the moment, the 55-year-old top manager is in prison in the city of Augsburg in southern Germany.