goldenequity
06-24-2017, 11:16 AM
Dieselgate: US issues International arrest warrants for former VW execs in Germany (https://www.rt.com/business/393736-us-arrest-warrants-volkswagen/)
https://cdn.rt.com/files/2017.06/original/594d1f1fc3618823598b45cf.jpg
The German daily suggested Berlin will not hand over the accused to the American authorities.
It said that if found guilty the suspects would face extremely long jail sentences compared to German sentencing standards.
They, however, will be unable to leave Germany due to the risk of being extradited to the United States from a third country.
Former Volkswagen manager Oliver Schmidt was arrested earlier this year in Miami as he was about to fly to Germany.
He was charged with conspiracy and other crimes in the company's scheme to sell around 600,000 vehicles
that failed to comply with US pollution standards. Schmidt faces up to 25 years in prison.
The company has settled with the US authorities agreeing to pay a $2.8 billion criminal penalty.
Volkswagen also agreed to pay $1.5 billion in a civil lawsuit brought by the US government,
and spend $11 billion to buy back cars and offer other compensation.
https://cdn.rt.com/files/2017.06/original/594d1f1fc3618823598b45cf.jpg
The German daily suggested Berlin will not hand over the accused to the American authorities.
It said that if found guilty the suspects would face extremely long jail sentences compared to German sentencing standards.
They, however, will be unable to leave Germany due to the risk of being extradited to the United States from a third country.
Former Volkswagen manager Oliver Schmidt was arrested earlier this year in Miami as he was about to fly to Germany.
He was charged with conspiracy and other crimes in the company's scheme to sell around 600,000 vehicles
that failed to comply with US pollution standards. Schmidt faces up to 25 years in prison.
The company has settled with the US authorities agreeing to pay a $2.8 billion criminal penalty.
Volkswagen also agreed to pay $1.5 billion in a civil lawsuit brought by the US government,
and spend $11 billion to buy back cars and offer other compensation.