OLAF, the European Anti-Fraud Office, concluded an investigation a few days ago in which it says German car maker Volkswagen (VW) used a loan from the European Investment Bank (EIB) to develop the EA 189 engine that lay at the heart of the Dieselgate scandal, the German press on report on Monday 1 August.
OLAF believes that VW made fraudulent use of the €400 million EIB loan granted in 2009 to comply with new anti-pollution standards. The loan from the EIB made possible the development of...