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Audi Chief Executive Rupert Stadler detained
http://www.dw.com/en/audi-chief-executive-rupert-stadler-detained/a-44273427Audi Chief Executive Rupert Stadler detained
Date 18.06.2018
CEO Rupert Stadler was detained on Monday on suspicion of fraud, according to prosecutors in the city of Munich. German automaker and Audi's parent company Volkswagen confirmed the detention. Stadler was under investigation for malpractice in the emissions cheating scandal at Volkswagen.
"The arrest warrant is based on concealment of evidence," Munich prosecutors said. Stadler has denied any involvement.
The Audi probe: Audi has been accused of having sold at least 210,000 diesel-engine cars fitted with cheat software in the US and Europe, starting in 2009. The luxury carmaker is also being investigated for allegations of fraud and illegal product promotion. The investigation is looking into 20 Audi employees.
Stadler under investigation: Munich prosecutorsannounced on June 13 that the Audi CEO and another unnamed board member were now part of the investigation. Authorities then carried out a search of Stradler's home. Stadler has been an Audi board member since 2003 and has held its top managerial spot since 2007, two years prior to the alleged emissions-cheating activities.
(short article, no more at link)