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Mar
15th

US SEC charges VW, former CEO, over ‘dieselgate’

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The US Securities and Exchange Commission (SEC) said it had charged Volkswagen AG, two of its subsidiaries, and its former CEO, Martin Winterkorn, for defrauding US investors, raising billions of dollars through the corporate bond and fixed income markets while making a series of deceptive claims about the environmental impact of the company's "clean diesel" fleet.
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