former vw exec pleads guilty to dieselgate charges
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

In a deal with prosecutors, Schmidt

Former VW exec pleads guilty to 'dieselgate' charges

Arab Today, arab today

Arab Today, arab today Former VW exec pleads guilty to 'dieselgate' charges

New York - Arabs Today

A former US-based executive of German car maker Volkswagen (VW) plead guilty to reduced charges in the company's 'dieselgate' emissions cheating scandal, and faces a maximum of seven years in prison
Former Volkswagen executive Oliver Schmidt pleaded guilty Friday in US court to charges stemming from his role in the "dieselgate" emissions-cheating scandal that has rocked the German automaker.

In a deal with prosecutors, Schmidt agreed to enter a guilty plea in federal court in Detroit in exchange for a lesser sentence. Prosecutors dropped the most serious charge of wire fraud, which carried a maximum penalty of 20 years in prison.

Schmidt, who led the German automaker's US regulatory compliance office from 2012 to March 2015, will be sentenced at a hearing in early December and faces a maximum of seven years in prison on the two remaining charges of fraud conspiracy and violating the US Clean Air Act.

He will be the second VW executive jailed in the "dieselgate" scandal in which the company installed devices to intentionally cheat diesel emissions tests, and has cost nearly $22 billion so far in criminal and civil penalties.

VW admitted in 2015 to equipping about 11 million cars worldwide with the defeat devices, including about 600,000 vehicles in the United States.

The diesel cars were marketed as clean but in fact spewed as much as 30 times the permissible limits of nitrogen oxide, an air pollutant, during normal driving, according to the plea agreement.

Prosecutors say Schmidt played a role in lying to US regulators once questions were raised about the cars, before the company finally admitted the wrongdoing.

"In the summer of 2015, Schmidt participated in discussions with other VW employees about how they could answer questions posed by US regulators... without revealing the defeat device," the plea agreement said.

The German national was arrested in January at a Florida airport as he was about to travel back to Germany after a vacation. He will be deported upon completing his sentence.

Former company engineer James Liang admitted last year admitted to helping devise the defeat devices. An FBI affidavit cited him as a cooperating witness.

The company pleaded guilty in March to charges stemming from "dieselgate" and agreed to pay $4.3 billion in penalties -- on top of $17.5 billion in civil settlements.

Volkswagen still faces legal challenges in Germany and worldwide, and has so far set aside more than 22 billion euros ($24.4 billion) to cover costs.

Experts estimate the final bill from the scandal could be higher.

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

former vw exec pleads guilty to dieselgate charges former vw exec pleads guilty to dieselgate charges

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

former vw exec pleads guilty to dieselgate charges former vw exec pleads guilty to dieselgate charges

 



GMT 17:08 2017 Saturday ,23 September

Bollywood's 'Deadly Dutt' back on Indian screens

GMT 04:01 2017 Sunday ,26 November

Harry Baron signs to OnTheBox PR

GMT 02:33 2017 Monday ,03 July

Iraqi forces advance on IS-held mosque in Mosul

GMT 10:35 2018 Sunday ,18 November

UK waking up to flaws of draft Brexit deal

GMT 08:54 2018 Friday ,19 January

Garcia hopes for another big year after Masters win

GMT 00:36 2018 Friday ,19 January

PM condemns killing of polio workers in Quetta

GMT 14:43 2017 Wednesday ,25 January

Nigeria to evacuate nationals stranded in Libya

GMT 12:41 2018 Tuesday ,09 January

We don't play games today; we live in them

GMT 06:53 2011 Friday ,17 June

Professional mourners spice up funerals

GMT 12:16 2015 Monday ,23 March

Algerie Telecom launches Nooonbooks

GMT 21:01 2014 Friday ,07 November

JPMorgan cutting 3000 more retail banking jobs

GMT 23:38 2017 Wednesday ,20 December

Stunning images of total lunar eclipse

GMT 00:51 2017 Wednesday ,22 February

alashnikov, maker of AK-47, looks to rebrand

GMT 13:29 2017 Friday ,07 April

Syria TV airs footage of U.S.-targeted air base

GMT 03:50 2017 Sunday ,24 September

Blaak wins world cycling title despite crash

GMT 09:01 2015 Tuesday ,13 January

We Are Pirates
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday