Login

Audi CEO Asked To Pay Back Expenses For 'Beer-Contest' Party

The head of Volkswagen's luxury unit Audi has been ordered to reimburse the car maker for the costs of a party that the car maker had initially paid for, a German weekly reported.
Calendar-icon

By Reuters

clock-icon

1 mins read

Calendar-icon

Published on August 1, 2016

Follow us on

google-news-iconWhatsapp-icon
Story

Highlights

    The head of Volkswagen's luxury unit Audi has been ordered to reimburse the car maker for the costs of a party that the car maker had initially paid for, a German weekly reported.

    Audi Chief Executive Rupert Stadler has paid back 12,500 euros ($13,980) that he had expensed for a 'beer contest' with about 30 top managers in May 2015, after an internal revision reclassified the event as a private party, Bild am Sonntag reported.

    Audi, where part of Volkswagen's defeat software was developed that lies at the heart of its emissions scandal, declined to comment on Sunday.

    Expenses are a hotly debated matter in Germany, where the secretary of an industrial association was fired in 2009 after admitting to the theft of one meatball, while executives are often viewed as enjoying too many opportunities to expense private luxuries.

     
    © Thomson Reuters 2016

    (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

    Stay updated with automotive news and reviews right at your fingertips through carandbike.com's WhatsApp Channel.

    Great Deals on Used Cars

    View All Used Cars

    Popular Audi Models

    Explore More