Former Audi CEO to be released from detention

Image
IANS Frankfurt (Germany)
Last Updated : Oct 30 2018 | 7:35 PM IST

Rupert Stadler, the former Chief Executive of premium-car maker Audi AG, will be released from pre-trial detention even as the investigation over diesel-emission manipulation against him continues, a German court said on Tuesday.

Stadler was arrested in June following a probe into the German car maker's emissions cheating. He remains a strong suspect and will only be released under certain conditions, the Munich Higher Regional Court was cited as saying by Efe news.

Prosecutors arrested Stadler citing evidence that he was planning to interfere with their investigation.

Stadler has in the past said that he had no prior knowledge that illegal software was installed on Volkswagen or Audi engines.

Under the conditions set by the court, Stadler was required to "refrain from contact with all persons relevant to the investigation", the report said.

In order to enforce the ban, he was required to post bail, the court said.

Audi parent Volkswagen said at the beginning of October that Stadler will leave both companies.

--IANS

soni/

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 30 2018 | 7:30 PM IST

Next Story