Stock Market News

VW says taking Brazil human rights probe seriously

2022.05.29 22:56

VW says taking Brazil human rights probe seriously
FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo

BERLIN (Reuters) – German carmaker Volkswagen (ETR:VOWG_p) said on Sunday it was taking seriously an investigation by Brazil’s public prosecutors into alleged human rights violations in the country as reported by German media.

“We can assure you that we take the possible events at Fazenda Rio Cristalino, to which the investigation by the Brazilian investigating authorities refers, very seriously,” Volkswagen said in an emailed statement, referring to a cattle farm in Brazil.

The Sueddeutsche Zeitung paper and public broadcaster NDR on Sunday reported that Brazil is investigating alleged human rights violations at the farm during 1974-1986 when the military dictatorship was in power in Brazil.

NDR reported that Brazil’s military government made an offer to VW to buy and develop the land.

“Please understand that we are not commenting further due to possible legal proceedings in Brazil,” VW said.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 91,793.59 0.55%
ethereum
Ethereum (ETH) $ 3,089.30 2.14%
tether
Tether (USDT) $ 1.00 0.07%
solana
Solana (SOL) $ 232.54 4.30%
bnb
BNB (BNB) $ 609.15 1.45%
xrp
XRP (XRP) $ 1.09 3.82%
dogecoin
Dogecoin (DOGE) $ 0.381137 1.83%
usd-coin
USDC (USDC) $ 1.00 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,086.53 2.22%
cardano
Cardano (ADA) $ 0.76458 3.28%
tron
TRON (TRX) $ 0.19707 3.37%
shiba-inu
Shiba Inu (SHIB) $ 0.000024 2.14%
avalanche-2
Avalanche (AVAX) $ 33.42 4.93%
the-open-network
Toncoin (TON) $ 5.36 5.16%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 91,728.58 0.73%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,661.68 2.13%
sui
Sui (SUI) $ 3.79 1.92%
weth
WETH (WETH) $ 3,088.74 2.11%
chainlink
Chainlink (LINK) $ 14.35 5.03%
bitcoin-cash
Bitcoin Cash (BCH) $ 435.46 5.01%
polkadot
Polkadot (DOT) $ 5.76 3.46%
pepe
Pepe (PEPE) $ 0.000019 6.53%
leo-token
LEO Token (LEO) $ 8.48 8.66%
stellar
Stellar (XLM) $ 0.234474 0.22%
near
NEAR Protocol (NEAR) $ 5.57 6.40%
litecoin
Litecoin (LTC) $ 85.20 4.29%
aptos
Aptos (APT) $ 11.28 5.49%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,251.68 2.17%
uniswap
Uniswap (UNI) $ 9.03 1.19%
usds
USDS (USDS) $ 1.00 0.41%
crypto-com-chain
Cronos (CRO) $ 0.175304 3.60%
hedera-hashgraph
Hedera (HBAR) $ 0.126084 15.30%
internet-computer
Internet Computer (ICP) $ 9.07 3.58%
bonk
Bonk (BONK) $ 0.000057 11.83%
render-token
Render (RENDER) $ 7.71 2.02%
kaspa
Kaspa (KAS) $ 0.156818 10.02%
ethereum-classic
Ethereum Classic (ETC) $ 25.42 4.24%
mantra-dao
MANTRA (OM) $ 3.88 0.42%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.05%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.432945 3.20%
bittensor
Bittensor (TAO) $ 464.83 6.78%
whitebit
WhiteBIT Coin (WBT) $ 23.75 7.27%
dai
Dai (DAI) $ 1.00 0.04%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.26 5.58%
dogwifcoin
dogwifhat (WIF) $ 3.22 7.37%
monero
Monero (XMR) $ 161.23 3.74%
arbitrum
Arbitrum (ARB) $ 0.675546 5.46%
blockstack
Stacks (STX) $ 1.82 6.13%
okb
OKB (OKB) $ 43.85 0.55%
vechain
VeChain (VET) $ 0.032115 2.21%