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A few days ago, there are media reports that German prosecutors have filed a lawsuit against Volkswagen's current CEO Deiss / Chairman Panshi / and former CEO Winterkorn, accusing them of "market manipulation" in the "emission gate" scandal. deliberately delayed for a long time to disclose to the market the company's diesel exhaust test cheating scandal.

It is understood that German prosecutors need to review the indictment and decide whether to try the accused, which may take several months, during which the defendant's lawyer has the right to challenge the indictment. This also means that the German court will not be able to try the accused until next year at the earliest.

Regarding the accusation of "market manipulation" by German prosecutors, Volkswagen Group said that "within four years, legal experts inside and outside Volkswagen Group have conducted a careful investigation into this issue, and the results of multiple investigations show that the allegations made by German prosecutors are groundless."

Mr Deiss said that Mr Deiss only joined Volkswagen in July 2015 and that the emissions gate scandal and market finance were unpredictable for him.

In addition, in response to German prosecutors' allegations against Volkswagen, the board of supervisors also held an emergency meeting, which decided that Deiss and Pan continued to serve as chief executive officer and chairman of the supervisory board.

It is understood that in September 2015, Volkswagen admitted in the United States that it had installed Vicky test cheating software on some diesel vehicles to evade strict emission tests. at that time, a total of 11 million vehicles were affected, and the Volkswagen "diesel emission door" scandal officially broke out.

Since then, Volkswagen Chairman Winterkorn resigned and Volkswagen also launched a global recall, resulting in huge economic losses for the group. Statistics show that Volkswagen lost nearly 30 billion euros, mainly for fines and compensation.

In August last year, Der Spiegel reported that Deiss, chief executive of Volkswagen, was aware of the existence of emissions cheating software two months before regulators uncovered a multibillion-euro emissions scandal.

At present, the court is hearing the Volkswagen "emission gate" scandal. The indictment by prosecutor Braun Schweger is part of another legal action to try senior Volkswagen officials accused of delaying the disclosure of the scandal to investors.

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