This is a step that I have pointed out as coming next!
Next is NOW!
VW admitted to fraud under former execs & paid huge fines. Now VW is demanding that former board members pay them back for the losses!
Screenshots from a translated version of the article! #ButNothingsHappening
Former CEO who resigned in 2015 over the scandal has recieved a demand to pay over one billion Euro to compensate VW for his misconduct!
4 other former execs are also in the crosshairs for smaller amounts. But VW is expecting insurance companies who provided executive liability insurance to pay up a 1/2 of that billion Euro. Which obviously will be a huge hit to the insurance companies.
Which will motivate the insurance companies to force better conduct by insured execs & companies in the future...
It may also lead the insurance companies to investigate & prove criminal conduct by the execs to invalidate the insurance coverage! They will collect the #receipts!
Several of the execs have been indicted for fraud & now the insurance companies have at least 1/2 a billion reasons to hand over the evidence of their guilt!
In the past, executives have gotten away without taking too big of a hit. But by seeking amounts that max out the insurance policies at VW, Audi & Porshe it will motivate the insurance companies to shift the blame to the executives!
VW is blaming their former CEO for his inaction after the date they can prove he knew of the fraud to rig diesel engine emissions & MPG tests to deceive US regulators!
VW focuses only on the last 8 weeks they can prove he knew about it, hoping they can find the #receipts to show he knew long before he testified he knew about it. The paper does note the insurance companies can get off the hook for the cash if the execs get convicted.
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yWhat may be the biggest part of the agreement, DOJ is referring Raytheon to DOD & other agencies to begin a review to determine if Raytheon or individuals involved should be suspended from government contracts & debarred from future contracts!
So in addition to the corruption & bribery, the risks of Raytheon committing crimes to conceal corruption related to arms sales to foreign governments is a major factor in this case.
Opens contractors up to other off the books deals.
Raytheon as a corporation has now flipped on their executives who made these decisions. Which means Raytheon can only survive as a business & defense contractor if it provides all the receipts for criminal prosecutions.
Raytheon will pay $950 million to settle the allegations against the company for several different criminal schemse the company participated in.
Raytheon accepted a deferred prosecution agreement that becomes a confession at trial if they don't cooperate! justice.gov/usao-edny/pr/r…
The 1st set of charges are in EDNY. Bribing Qatari officials for defense contracts.
Then conspiracy by not report the bribes on the paperwork requesting permission to export the arms to Qatar. This sets a precedent for EVERY arms export deal!
Mayor Adams indicted by the DOJ following an FBI investigation.
And people still want to side with the Swamp against th FBI & DOJ.
Why could they still believe #ButNothingsHappening after 14 years of indictments & convictions?
Remember the researchers at Georgia Tech who were getting paid by the DOD & USAF to spy on Trump & feed that info into Hillary's oppo research campaign?
DOJ joined a lawsuit accusing GT on behalf of those researchers of lying to DOD about compliance with cybersecurity procedures.
So the cybersecurity people accessing NSA data to spy upon Donald Trump for the Pentagon were willfully avoiding compliance with security proposals. Then pressuring GT to lie to the DOD & submit false audits claiming that their computers were secure.
#ButNothingsHappening
I know some people still believe Hillary's Russia Hoax that told them FBI was investigating & spying on Trump.
How long are you going to continue to believe Hillary's smokescreen & help hide that it was her campaign & the Pentagon that spied on Trump?
For those who don't understand the law in this case, Congress has authorized the Attorney General to specially appoint lawyers & conduct legal proceedings at the same level as US Attorneys without confirmation. It's specifically authorized.
While Canon ignores Section 515, it specifically authorizes AGs to appoint special attorneys to prosecute criminal cases & run grand juries same as a US Attorney can.
She claims the law does not authorize the AG to appoint a special counsel with the authority of a US Attorney.
Julian Assange flying to the North Marianas to plead guilty to espionage.
Gets a 62 month prison sentence, but will be released with time served for his 5 years in British prison.
The choice of the Northern Marianas Islands is unusual.
That US territory is a hub for Chinese money laundering to the US & to US politicians. Wonder if he will testify to a US grand jury while he is there? Or has he already done so by Zoom?
The Chinese have been buying off Swampy politicians on Pacific islands that are US territories to infiltrate them to get into the US financial system.
The Northern Marianas, the Solomons, & many others...