Media: Volkswagen misused EU loan to carry out dieselgate
According to news media Politico, German car giant Volkswagen used a EUR 400 million loan from the European Investment Bank to develop the engine at the center of the dieselgate scandal.
BY MARIA KEHLET, FINANS
German car giant Volkswagen used a EUR 400 million loan from the European Investment Bank (EIB) to develop illegal software which was fitted to 11 billion cars, reports Politico according to the EU's anti-fraud watchdog OLAF.
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