Volkswagen to get $351 mln in dieselgate settlement with former execs

Volkswagen said on Wednesday it had agreed to settle claims against former executives, including long-time CEO Martin Winterkorn, that will see the carmaker receive 288 million euros ($351 million) in compensation related to its emissions scandal.

The settlement came on the same day that Berlin prosecutors charged Winterkorn with giving false testimony to the German parliament when he said he was unaware of the carmaker rigging diesel engine tests before it became public. read more

Winterkorn stepped down as Volkswagen CEO in September 2015, a week after the scandal – in which the group…