Volkswagen fat cats knew about pollution scandal

Cartoon about Volkswagen, founded during Hitler's Third Reich

Translated from NOS TV in the Netherlands:

Current Volkswagen bosses knew for longer about fraudulent software

Today, 15:44

The current chairman of the supervisory board and the board chairman of Volkswagen knew already about the corporation’s fraudulent software ten days before the company admitted it. This writes the German newspaper Bild am Sonntag.

Former CEO Martin Winterkorn explained to the Volkswagen bigwigs on September 8 last year that the company had admitted to have committed fraud to US authorities. The former financial director Hans Dieter Pötsch and CEO of Porsche Mathias Müller were according to the newspaper present at that meeting.

On 18 September, the scandal became public. Within a week Winterkorn stepped down as chairman, Müller succeeded him. Pötsch has become chairman of the supervisory board.


Pötsch received much criticism from shareholders and analysts because he is said to not have properly informed the financial markets about the fraud. After the abuses became known the company decreased billions in value.

On Wednesday Volkswagen admitted that Winterkorn has already been warned in May 2014 on possible problems with the emissions of the cars. He received a memo about problems with emissions tests in the United States, but that “did not immediately become a management issue,” says the group.

Against the company there are multiple lawsuits because it is said to have been too slow to inform shareholders about the problems.


15 thoughts on “Volkswagen fat cats knew about pollution scandal

  1. Pingback: Consumer watchdog sues Volkswagen for ‘green’ fraud | Dear Kitty. Some blog

  2. Pingback: Volkswagen fraudster fat cats get big bonuses | Dear Kitty. Some blog

  3. Pingback: Volkswagen fraudster fat cats try greenwashing | Dear Kitty. Some blog

  4. Pingback: Volkswagen fraudulent fat cats richer than ever | Dear Kitty. Some blog

  5. Pingback: Vans polluting illegally | Dear Kitty. Some blog

  6. Pingback: Opel’s Volkswagen-ish pollution fraud scandal | Dear Kitty. Some blog

  7. Pingback: ‘Volkswagen bosses knew about pollution fraud for years’ | Dear Kitty. Some blog

  8. Pingback: Volkswagen ban in Korea after pollution scandal | Dear Kitty. Some blog

  9. Pingback: Volkswagen pollution fraud gets still bigger | Dear Kitty. Some blog

  10. Pingback: Volkswagen investors demand compensation | Dear Kitty. Some blog

  11. Pingback: ‘Volkswagen emissions fraud started in 1999’ | Dear Kitty. Some blog

  12. Pingback: Pollution fraud, over half of all cars | Dear Kitty. Some blog

  13. Pingback: European Union cover-up of polluting cars scandal | Dear Kitty. Some blog

  14. Pingback: British motorists sue Volkswagen | Dear Kitty. Some blog

  15. Pingback: Fiat Chrysler Volkswagen-like pollution fraud | Dear Kitty. Some blog

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.