Porsche bosses questioned over dieselgate
- May 18, 2017
- Posted by: Simon Wait
- Category: Industry News
Two Porsche bosses have been caught up in the Volkswagen diesel emissions scandal.
The BBC has reported that German prosecutors suspect the executives, Matthias Mueller and Hans Dieter Poetsch, of delaying releasing information to investors.
Matthias Mueller, the boss of Porsche SE, the parent company of the sportscar maker, and chairman of VW, will be questioned by prosecutors in Stuttgart. Hans Dieter Poetsch, the former boss and now chief executive of VW, will also be interviewed.
The key issue is whether they knew about the emissions scandal, but failed to inform the stock market in a timely manner.
Porsche SE has denied the allegations and insisted it complied with disclosure rules.