HomeNewsWorldUS arrests VW executive on fraud charges: report

US arrests VW executive on fraud charges: report

FBI agents have arrested a Volkswagen executive on conspiracy charges in relation to the 'dieselgate' emissions-cheating scandal, a media report said today.

January 09, 2017 / 14:33 IST
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FBI agents have arrested a Volkswagen executive on conspiracy charges in relation to the 'dieselgate' emissions-cheating scandal, a media report said today.

Agents arrested Oliver Schmidt, who led the German automaker's US regulatory compliance office from 2014 to March 2015, in Florida on Saturday, the New York Times reported, citing two unnamed sources with knowledge of the arrest.

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Volkswagen admitted last year that it had installed software on as many as 11 million diesel vehicles sold worldwide to circumvent tests for emissions while enabling them to release up to 40 times the permitted amounts of nitrogen oxides during actual driving.

According to The New York Times, lawsuits filed against Volkswagen by the states of New York and Massachusetts accuse Schmidt of playing a key role in Volkswagen's efforts to conceal its emissions cheating from US regulators.