Published: Sat, April 22, 2017
Business | By Sandy Mccarthy

Sentence next for Volkswagen in US diesel emissions scandal

Sentence next for Volkswagen in US diesel emissions scandal

A federal prosecutor on Friday confirmed that the government plans to name former deputy US attorney general Larry Thompson to serve as independent monitor of Volkswagen AG under a plea agreement over its diesel emissions scandal.

"The agreements that we have reached with the USA government reflect our determination to address misconduct that went against all of the values Volkswagen holds so dear", the statement said, in part.

Volkswagen admitted to conspiring for almost a decade to deceive USA officials with illegal software that allowed vehicles to pass government emissions tests and then pollute far beyond legal limits on the road.

VW attorney Jason Weinstein says the criminal fine is an "appropriate and serious sanction".

"The sentencing of Volkswagen marks a significant milestone in this historic case", Acting U.S. Attorney Daniel Lemisch said in a statement.

Including a separate $1.5 billion civil penalty, Volkswagen agreed to pay a total of $4.3 billion to settle the U.S. Justice Department probe.

Volkswagen has admitted to installing so-called defeat devices on almost 600,000 diesel-powered vehicles in the USA that duped environmental regulators.

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Volkswagen's criminal penalty for its emissions scandal is getting closer to reality.

Volkswagen pleaded guilty Friday to conspiracy and obstruction of justice and agreed to pay a $4.3 billion penalty for a brazen scheme to program almost 600,000 vehicles to cheat on U.S. emissions tests.

Volkswagen has pleaded guilty to cheating efforts on emission tests and will pay $4.3 billion. Judge Cox accepted Volkswagen's guilty plea in March to criminal charges, but postponed sentencing until Friday.

Neal argued that 95% of those who owned Volkswagen's with affected diesel engines are participating in the civil settlement that allows owners to either sell their vehicle back to the company or terminate their lease without an early termination penalty.

The U.S. Justice Department has charged seven current and former VW executives with crimes related to the scandal.

One of them, Oliver Schmidt, the former head of Volkswagen's environmental compliance office in MI, was arrested in January at Miami International Airport before boarding a plane to Germany. Last month, Cox denied a pretrial bond release for Schmidt and set a trial date for January 2018.

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