US judge sentences Volkswagen to three years probation

US judge sentences Volkswagen to three years probation

DETROIT: A federal judge in Detroit on Friday sentenced Volkswagen AG to three years’ probation over the German automaker’s diesel emissions scandal as part of a US$4.3 billion settlement announced in January.”This is a case of deliberate and massive fraud,” U.S. District Judge Sean Cox said in approving the settlement that requires the automaker to make significant reforms. He also formally approved a US$2.8 billion criminal fine as part of the sentence.The plea agreement calls for “organization probation,” which allows for company to be overseen by an independent monitor for three years.At the sentencing hearing, a federal prosecutor confirmed that the government plans to name former Deputy U.S. Attorney General Larry Thompson to serve as the independent monitor.Volkswagen pleaded guilty in March to fraud, obstruction of justice and falsifying statements after admitting to…