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German carmaker Volkswagen yesterday rejected a report that chief executive Herbert Diess knew of the financial risks from the firm's massive diesel cheating earlier than he has so far acknowledged.
Oliver Schmidt, a former VW manager jailed over 'dieselgate', told the FBI he had briefed Mr Diess and other executives about the cheating and the potential financial consequences on August 25, 2015, German weekly Bild am Sonntag reported.
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