Martin Winterkorn, the former CEO of Volkswagen, has agreed to pay more than 11 million euros in compensation to the company over the Dieselgate emissions scandal.
The payment is Winterkorn’s share of a 288 million euro settlement with Volkswagen, himself, and four other former managers.
Duty of care breached
In March, Volkswagen announced that Winterkorn had breached his duty of care. The statement came in conclusion to an internal investigation, and they confirmed that they would be seeking damages for the role Winterkorn played.
In an official statement, Volkswagen said that Winterkorn had ‘breached his duty of care’ as a CEO after an extensive internal investigation was launched.
The internal investigation found that he had failed “to comprehensively and promptly clarify the circumstance behind the use of unlawful software functions” in the USA from 2009 to 2015.
Other payments to Volkswagen include:
• Rupert Stadler, former head of Audi: 4.1 million euros
• Wolfgang Hatz, former Porsche executive: 1.5 million euros
• Stefan Knirsch, former Audi executive: 1 million euros
Winterkorn previously denied any wrongdoing, shortly before resigning as CEO in September 2015.
Volkswagen has already paid more than 31 billion euros in fines, recall costs, and compensation to car owners.
Dieselgate in the UK
Did you know that the Dieselgate scandal is not just an issue in the USA? Manufacturers all around the world are now being investigated by governing bodies over alleged diesel emissions fraud.
PGMBM is fighting for justice for those affected by the Dieselgate scandal in England and Wales. If you owned any diesel vehicle between 2009 and 2020, you may be owed up to £10,000.
To find out the full list of manufacturers, check your eligibility, and start your claim in under a minute, head to MyDieselClaim.com today.
Hundreds of thousands of drivers have already signed up with us on a No-Win, No-Fee basis.
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