Jailed Audi CEO Stadler Asks Court to Release Him
Suspended Audi CEO Rupert Stadler has petitioned a Munich court to release him from jail on charges of impeding an probe into the company’s diesel emission cheating.
#legal
Suspended Audi CEO Rupert Stadler has petitioned a Munich court to release him from jail on charges of impeding an probe into the company’s diesel emission cheating.
Stadler was arrested on June 18 on cited evidence that he was trying to interfere with their investigation. Prosecutors successfully argued that he needed to be incarcerated to prevent him from suppressing evidence about Audi’s role in the Volkswagen AG diesel scandal.
Prosecutors tells Reuters that their interrogation of Stadler has been completed, making it up to the court to decide whether he may be released. Sueddeutsche Zeitung says Stadler denied he colluded in the cheating.
Stadler’s role as CEO has been filled on an interim basis by Bram Schot, Audi’s head of marketing and sales. German prosecutors also are investigating an unidentified second top Audi executive on suspicion of fraud and false advertising.
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