Prosecutors in the German town of Braunschweig have launched a probe into VW executives suspected of granting too much money to cover the expenses of works council members. Investigations have only just started.German prosecutors have initiated a probe into whether managers at carmaker Volkswagen paid too much to some members of the influential works council to remunerate them form their expenses. The prosecutors in the town of Braunschweig, which is close to VW’s headquarters in Wolfsburg, decided against making public any details about the suspects they were focusing on. But the regional daily “Braunschweiger Zeitung” reported Friday that at least part of the investigation centered on whether the remuneration for works council chief Bernd Osterloh had been too high. In the case of VW, works council chief Bernd Osterloh is in the presidium of the carmaker’s supervisory council and has the power to veto important management decisions.

Source: Daily News Egypt May 13, 2017 10:41 UTC