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Volkswagen chief Mueller under probe

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FRANKFURT: German prosecutors said on Wednesday they had opened a new investigation into Volkswagen Chief Executive Matthias Mueller and others over market manipulation in the wake of the carmaker’s ‘dieselgate’ scandal. “The accused are suspected of knowingly delaying telling shareholders about the financial consequences for Porsche SE of software manipulation in diesel vehicles by Volkswagen AG,” the prosecutors in southwestern city Stuttgart said. Along with Mueller, former VW CEO Martin Winterkorn and Porsche SE chairman Hans-Dieter Poetsch are also suspected of failing to share information about the emissions cheating affecting 11 million cars revealed in 2015. — AFP


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