Norway's wealth fund to join VW legal action

German action follows emissions rigging scandal

16th May, 2016
Norwegian wealth fund owns 1.64 per cent of Volkswagen Pic Pixabay

Norway’s €750 billion wealth fund is to seek to join a class action suit in Germany against car maker

Volkswagen following revelations the company rigged the exhaust systems of 11 million diesel-powered cars worldwide to pass official emissions tests.

Norges Bank Investment Management “intends to join a legal action against Volkswagen arising out of that the company provided incorrect

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