The Dieselgate scandal continues to attract the attention of the authorities who are continuing the various lines of investigations also in Europe. This time, the former Continental Chief Financial Officer is in the sights of German prosecutors Wolfgang Schaefer, who left the company a few days after a sudden contract termination. With the former CFO, two other former executives have also been placed on a list of 61 suspects that investigators are examining for alleged connections with the Volkswagen emissions scandal.
The investigation into Schaefer, as well as former board members Elmar Degenhart and Jose Avila, currently moves from allegations of aiding and abetting to fraud and breach of trust, according to the authorities of the Hanover prosecutor’s office. Continental declined to release any statements regarding the new investigation involving its former employees. As Automotive News Europe reports, previously, the former executives currently under investigation had already been included in another investigation on the charge of not having supervised the work of employees. The new line of investigation could also result in Continental being fined. In recent weeks the company headquarters in Frankfurt had already been searched by the authorities who had seized several documents on the occasion. To weigh on the company, the provision of technology for Volkswagen’s 1.6-liter diesel engine used in cars across Europe.
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