Dieselgate: the sovereign wealth fund of Norway will sue Volkswagen

Norway's sovereign wealth fund, with assets amounting to 850 billion, has decided to sue the Volkswagen to the heavy losses incurred as a shareholder of Volkswagen home to the so-called 'dieselgate ": the scandal broke out in the US on tampered units installed on diesel cars to reduce emissions of harmful gases during the test.

Peter Johnsen, to the Norges Bank Investment Management, announced the Financial Times, so the next move: "We have been advised by our lawyers that the conduct of the company provides us with elements to seek compensation according to German law. As investors and it is our responsibility to safeguard our investment in Volkswagen. " The Norwegian fund is the fourth shareholder in the Wolfsburg home with the 1.64% stake.