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Dieselgate: VW will get $351 mn in settlement with former executives

The settlement marks a major milestone in Volkswagen's efforts to turn a page on its biggest ever corporate scandal

Volkswagen
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Reuters Frankfurt
Volkswagen said on Wednesday it had agreed to settle claims against four former executives, including long-time CEO Martin Winterkorn, that will see the carmaker receive ^288 million ($351 million) in compensation related to its emissions scandal.
 
The settlement came on the same day that Berlin prosecutors charged Winterkorn with giving false testimony to the German parliament when he said he was unaware of the carmaker rigging diesel engine tests before it became public.
 
The settlement marks a major milestone in Volkswagen's efforts to turn a page on its biggest ever corporate scandal, which has cost it more than

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