Key Points
Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court on Tuesday for fraud by negligence in the 2015 diesel scandal, becoming the first former Volkswagen board member to receive such a sentence...
The ex-boss was fined 1.1 million euros ($1.20 million), which will go to the state treasury and non-governmental organisations, the court said...
The sentence is in the middle of the 1.5-2 year timeframe the judge had said the former CEO would face if he confessed to the charge...
Prosecutors had originally wanted a 2-million-euro fine, citing Stadlers salaries at Audi and Volkswagen and his financial and real estate assets...
Former Audi executive Wolfgang Hatz, also on trial with Stadler, was sentenced to a two-year suspended sentence with a 400,000 euro fine, while the third defendant engineer Giovanni P. was handed a year and nine months and a 50,000 euro fine...
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