German prosecutors said today they are probing Volkswagen supervisory board Chairman Hans Dieter Poetsch over suspected market manipulation related to the emissions scandal at the car maker.
This confirmed a statement from Volkswagen.
The investigation by prosecutors in Braunschweig focuses on whether Volkswagen in 2015 manipulated markets by delaying the release of information about the financial impact of its emissions test-cheating scandal.
VW yesterday said a probe announced in June and targeting VW brand Chief Executive Herbert Diess and former group CEO Martin Winterkorn has been widened to include Poetsch, its former finance chief.
