Volkswagen Offer Pay In 2020 Release – volkswagen offer pay in 2020
FRANKFURT — Two above Volkswagen administration lath associates and two added managers were answerable by German prosecutors for advantageous too abundant to activity representatives.
The men were answerable with aperture of assurance for overpaying several associates of the automaker’s works lath from May 2011 to May 2016, the prosecutor’s appointment in Brunswick said. Brunswick is in VW’s German home state. It didn’t analyze the men.
The declared abomination acquired a accident of 5 actor euros ($5.5 million), the appointment said in a statement.
As associates of VW’s cadre committee, the accused aggrandized salaries and bonuses of works lath associates by advisedly allotment a associate accumulation that would ensure that works lath associates got college salaries, the prosecutor’s appointment said.
Such awards were to the “disadvantage” of the company, prosecutors said.
A agent for Volkswagen on Tuesday said that there had been no delinquency in affiliation to chief adapted bacon levels for works lath representatives.
Under Germany’s two-tier lath system, workers accept seats on the company’s lath of directors, with ample admiral to veto across-the-board action decisions.
Bloomberg and Reuters contributed to this report
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