Martin Winter Korn: Apparently new investigations against the ex-VW boss Martin Winter Korn

According to a media report, the prosecutor's office is investigating the former VW boss Martin winter Korn for tax evasion. His lawyer rejected the accusations.

Martin Winter Korn: Apparently new investigations against the ex-VW boss Martin Winter Korn

The Public prosecutor's office Braunschweig is apparently investigating former VW CEO Martin Winter Korn for suspicion of tax crimes. Among or things, picture on Sunday was about ten million euros that winter grain had made on Swiss accounts over past two years. There is a suspicion that due taxes have not been paid. Winter Korn's lawyer rejected this suspicion.

According to investigation files quoted in newspaper, winter grain in years 2016 and 2017 should have transferred high million amounts from one of its accounts at Sparda Bank Nuremberg to a trust account of its tax advisor. From re, money was flown into bank Vontobel's depots in Zurich – including a depot that had been assigned to winter Korn's wife. According to report, investigators suspect that some of remittances were a donation for which more than half a million euros of gift tax had been incurred.

Lawyer rejected accusations

According to newspaper, Public Prosecutor's office notes that winter grain probably moved assets to Switzerland in order to secure a "nest egg". In view of diesel affair, winter grain threatens high claims for damages from car manufacturer VW, should he be proven to have breaches.

Winter Korn's lawyer Felix Dörr rejected accusations against newspaper: it was winter Korn's "highly personal decision as to how and by whom he can manage his assets," said Zyro. Contrary to accusations, operation was "free of any tax complaint".

Updated Date: 30 July 2018, 12:00

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