Overview
- The Hanover prosecutor's office has filed charges against former Continental CEO Karl-Thomas Neumann for alleged involvement in Volkswagen's diesel emissions fraud.
- Neumann, along with three other former Continental executives, is accused of aiding fraud through indirect complicity in the manipulation of diesel emissions data.
- Neumann has denied the allegations, stating he bears no responsibility in the diesel emissions affair and will review the charges thoroughly.
- The scandal revolves around Volkswagen's use of software to falsify diesel emissions data, a practice that came to light in 2015 but traces back several years earlier.
- In April, Continental agreed to pay a €100 million fine for supervisory lapses related to the scandal but opted not to contest the penalty to close the case.