New Straits Times

PROSECUTOR­S TARGET BOSCH

‘Unknown individual­s’ under investigat­ion for aiding and abetting fraud

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GERMAN prosecutor­s investigat­ing whether carmaker Daimler manipulate­d emission tests on its diesel cars are looking at whether car components supplier Bosch was involved in the alleged fraud, it was confirmed yesterday.

“There is an investigat­ion into aiding and abetting fraud,” said a spokesman for the Stuttgart prosecutor about Bosch, following a media report published on Thursday.

The new probe targets “unknown individual­s” at the supplier, said the spokesman for the public prosecutor’s office.

The spokesman added that the Bosch investigat­ion started a couple of weeks ago and was tied to the continuing probe of Daimler, the owner of Mercedes-Benz.

Bosch is a provider of engine management software to Daimler and prosecutor­s are investigat­ing whether the carmaker made use of illegal software to cheat emissions tests.

Earlier this week, Stuttgart prosecutor­s searched Daimler’s offices and other premises in the course of investigat­ions “against known and unknown employees at Daimler who are suspected of fraud and misleading advertisin­g connected with manipulate­d emissions treatment of diesel passenger cars”.

This week, prosecutor­s said they were in touch with the authoritie­s in the United States about the Daimler probe.

However, the Stuttgart prosecutor­s said yesterday they had not contacted their US counterpar­ts about the potential involvemen­t of Bosch. The investigat­ion of Bosch comes in addition to a separate inquiry in which Stuttgart prosecutor­s are looking at what role Bosch may have had in helping engineers at Volkswagen (VW) manipulate diesel emissions.

Earlier this month, a US federal judge gave final approval for Bosch to pay US$327.5 million (RM1.4 billion) to American owners of VW diesel cars for its role in developing the engines and as part of a broader settlement to buy back the vehicles. Bosch admitted no wrongdoing in the settlement.

 ?? BLOOMBERG PIC ?? Protestors marching in front of the Bank of Greece in Athens during a 24hour labour strike on May 17.
BLOOMBERG PIC Protestors marching in front of the Bank of Greece in Athens during a 24hour labour strike on May 17.

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