VW faces new fraud charges

Author (Corporate)
Series Title
Series Details 16.12.15
Publication Date 16/12/2015
Content Type

Media sources revealed on 16 December 2015 that the European Commission's Anti-Fraud Office (OLAF) had launched an investigation into Germany's car company Volkswagen.

According to the reports, the company was suspected of having misappropriated funds from the European Union awarded for research and development (R&D) purposes.

Earlier in the year, the same company had been accused of manipulating its car emissions tests.
Source Link Link to Main Source http://dw.com/p/1HOB8
Related Links
ESO: Background information: European Anti-Fraud Office (OLAF) http://www.europeansources.info/record/website-european-anti-fraud-office-olaf/
EurActiv, 16.12.15: VW may have used EU funds illegally http://www.euractiv.com/sections/climate-environment/vw-may-have-used-eu-funds-illegally-320503
Bloomberg, 16.12.15: EU Anti-Fraud Arm Investigating Loans to VW Amid Diesel Scandal http://www.bloomberg.com/news/articles/2015-12-16/eu-anti-fraud-arm-investigating-loans-to-vw-amid-diesel-scandal-ii8qft33
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