Continental's ex-CEO, finance chief investigated amid wider probe into VW diesel scandal

Continental Wolfgang Schaefer — Continental Chief Financial Officer Wolfgang Schaefer's contract was abruptly terminated over issues related to the supplier's role in the VW diesel scandal. (REUTERS)

By:

Reuters

November 17, 2021 07:35 PM

HAMBURG -- German prosecutors have widened their investigation at Continental to include probes of former CEO Elmar Degenhart and finance chief Wolfgang Schaefer, whose surprise departure was announced late on Wednesday.

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