F.B.I. Arrests Volkswagen Executive
About time corporate CEO's get held accountable for their management decisions and/or mandates !!!!!! F.B.I. Arrests Volkswagen Executive on Conspiracy Charge in Emissions Scandal NYTimes w...
Forum Discussion
According to the complaint, it goes higher than Schmidt:
"An FBI complaint unsealed on Monday against Schmidt said he and other VW employees told executive management about the "existence, purpose and characteristics" of an emissions cheating device in July 2015, and that the executives chose not to immediately disclose it to U.S. regulators."
But looks like his concerns fell on deaf ears:
"Even as the company obfuscated details of its cheating program from regulators, Mr. Schmidt warned executives in Germany that the company could face criminal charges for its actions, the affidavit says."
We'll see how high they can get.
"An FBI complaint unsealed on Monday against Schmidt said he and other VW employees told executive management about the "existence, purpose and characteristics" of an emissions cheating device in July 2015, and that the executives chose not to immediately disclose it to U.S. regulators."
But looks like his concerns fell on deaf ears:
"Even as the company obfuscated details of its cheating program from regulators, Mr. Schmidt warned executives in Germany that the company could face criminal charges for its actions, the affidavit says."
We'll see how high they can get.
