U.S. Department of Justice not done with Volkswagen probe, eyes further individuals

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Reuters FRANKFURT
Last Updated : Jan 12 2017 | 4:07 AM IST

FRANKFURT (Reuters) - Further individuals could be charged in an ongoing investigation by U.S. authorities into Volkswagen's diesel emissions cheating, suggesting a settlement reached on Wednesday may not be the last chapter in the scandal.

Volkswagen earlier agreed with the U.S. government to pay $4.3 billion in fines and penalties to resolve its diesel emissions troubles.

In a separate statement, the United States Department of Justice said six high-ranking VW employees had been indicted in connection with a conspiracy to cheat emissions tests.

"This announcement does not mean that our investigation is complete... We will continue to pursue the individuals responsible for orchestrating this damaging conspiracy," U.S. attorney general Loretta E. Lynch said at a press conference in Washington DC.

She declined to comment on any specific individuals.

"But I will stress that we are looking at individuals who were involved and would have had knowledge of the same information that's currently being charged," she said.

(Reporting by Christoph Steitz and Edward Taylor; Editing by Georgina Prodhan)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 12 2017 | 3:57 AM IST

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