Volkswagen Criminal Inquiry Involves ‘No More’ Than 10 People


A criminal inquiry into the Volkswagen emissions scandal is targeting “no more than” 10 possible culprits.

A spokesman for the prosecutors’ office in Germany said “more than two, but a lot fewer than 10” staff were being targeted.

Reports earlier in the week said upwards of 30 people may have been involved in the scandal.

The Volkswagen emissions scandal involved at least 11 million vehicles worldwide. Experts believe the company could be hit with upwards of $40 billion in fines

Approximately 20 investigators in Germany are examining suspects at Volkswagen.

Last week, Volkswagen’s headquarters was raided and officials took away terabytes of computer data and numerous boxes of paper.

German authorities have ordered a recall of all VW cars fitted with the “cheat device” software. In the European Union upwards of 8.5 million vehicles are believed to be affected.

Unlike the United States where only a small fraction of vehicles use diesel engines, a large portion of cars, SUVs, and other vehicles in Europe operate using the technology.

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VW is also conducting its own internal investigation and has hired a US law firm to assist the compahy.

Volkswagen has also hired Daimler executive and former judge Christine Hohmann-Dennhardt as a board member for Integrity and Legal Affairs. However, she won’t start until January 1, 2016.

Written by Lane Hanson

Lane Hanson

Lane Hanson is BusinessPundit's Economy Editor. He reports on major changes in the US and Global Economies. He can be reached at College Reviews.