Monday, May 16, 2016

Norway’s sovereign wealth fund will sue Volkswagen – Digital Journal

According to the Financial Times said the head of the Norwegian central bank responsible for managing the fund, the action aims to protect the interests that the entity holds the German automotive group.

According to Bloomberg data, the Norwegian fund holds about 1.64% of the capital of Volkswagen.

Any repairs that lawsuit Norway complain with the German company will add the other, already announced in the uS, the Netherlands and even in Germany, under which the plaintiffs seek damages because of fraud (pollutant emissions manipulation) that affected millions of vehicles (diesel) worldwide.

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