VW ex-boss probed for market manipulation: prosecutors

GMT 14:28 2016 Monday ,20 June

Arab Today, arab today VW ex-boss probed for market manipulation: prosecutors

Martin Winterkorn is under investigation for alleged market manipulation
Berlin - Arab Today

Volkswagen's former boss Martin Winterkorn is under investigation for having allegedly manipulated the market by holding back information about emissions cheating at the automobile giant, German prosecutors said Monday.

"The initial suspicion of market manipulation is directed against two former board members of the VW Group. Among them is the former chief executive of the Volkswagen group, Professor Dr Martin Winterkorn," said prosecutors in a statement.

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