Volkswagen AG’s headquarters were raided by German prosecutors over allegations that executives improperly inflated the pay of a labor leader, adding to the carmaker’s list of woes since the discovery of its use of software to cheat on pollution tests of diesel vehicles.
The latest search, just three weeks after a raid by European Union antitrust regulators, is part of a probe into remuneration of works council chief Bernd Osterloh, a Volkswagen spokesman said Tuesday, November 14, by phone, declining to provide further details.
Sascha Rueegg, a spokesman for local prosecutors, confirmed the raids on Wednesday. He declined to provide more details as the investigation now is also looking into tax-related issues for which tougher confidentially rules apply.
Full Content: Reuters
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