Schmidt, as the general manager of Volkswagen's Engineering and Environmental Office in MI, was responsible for the company's relationship with California's regulatory agency and as per the reports, fed federal regulators with incorrect information.
Oliver Schmidt, 48, was also fined $400,000 by a judge in Detroit Wednesday. The government says he later misled US investigators and destroyed documents. He had pleaded guilty in August to charges he conspired to commit fraud and violate the US Clean Air Act. Judge Cox told Schmidt during the sentencing hearing that he "viewed the cover-up as an opportunity to shine and climb up the corporate ladder".
Last week, Schmidt's attorneys made a last-minute bid requesting a lighter sentence for Schmidt: 40 months of supervised release and a $100,000 fine.
Buys 19000 Shares of Kinder Morgan, Inc. (KMI)
Perhaps most importantly where cash movements are concerned, the company saw about 1.18 billion in net operating cash flow. Morgan Stanley reiterated an "overweight" rating on shares of Kinder Morgan in a research note on Tuesday, September 5th.
Schmidt's lawyers argued that his role only heated up in 2015, years after others at VW hatched the scheme.
VW used sophisticated software to cheat emissions rules on almost 600,000 United States vehicles.
Volkswagen auto engineer James Liang was sentenced in August to 40 months in prison and fined $200,000 for his role in the scandal.
Honor target top three smartphone brand in the world by 2022
There is also a focus on gaming on the View 10 , which makes sense given that the Honor brand is targeted towards younger people. The phone is powered by HiSilicon Kirin 970 octa-core processor which runs on the latest Android 8 .0 Oreo along with EMUI 8.0.
A senior Volkswagen executive was sentenced to seven years in a prison by a USA court on Wednesday after being found guilty of concealing software used to evade pollution limits on almost 600,000 diesel vehicles.
VW pleaded guilty as a corporation in March and agreed to pay billions of dollars in fines. He's charged in a federal criminal complaint for his alleged role in the emissions scandal. It is being said that he tried to suppress the issue of his involvement, however admitted that he had hidden the existence of the software in a meeting with a California Air-Resources Board's senior official, long ago in 2015.
Warriors star to miss at least two weeks
He played in 26 games during that lockout-truncated season, undergoing surgery on his right ankle in May 2011. Let's be honest, the Golden State Warriors would still be insanely good, even without Steph Curry.