VW Scion Returns to Lash Out at Top Managers Over Scandal
- Piech claims Winterkorn, others knew about cheating earlier
- VW board rejects accusations, mulls actions against Piech
Ferdinand Piech
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Ferdinand Piech vanished from the corporate scene for almost two years after abruptly departing Volkswagen AG, the carmaker his grandfather helped build. Now he’s looking to settle old scores.
Piech, Volkswagen’s former chief executive officer, chairman and still a key shareholder, has rekindled accusations that top managers knew about rigged diesel engines months before the manufacturer admitted it. The claims, appearing in a Bild article late on Wednesday, could provide fresh ammunition for investors seeking damages from the company.