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Volkswagen Given Deadline to Come Clean by No. 2 Shareholder

  • Prime Minister Weil calls for ``complete clarification''
  • Shareholder says VW should report in April on origin of deceit
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Volkswagen AG was given three months by the prime minister of Lower Saxony, the carmaker’s second-biggest shareholder, to provide a full account of the roots of the diesel-emissions scandal.

“There is a very legitimate concern on the part of U.S. authorities, the public and the company itself for a comprehensive investigation,” Stephan Weil, Lower Saxony’s prime minister and a Volkswagen supervisory board member, said in an interview. “It’s in the interest of VW to provide a complete clarification.”