arrest warrant
15 January 2013
A Jaipur magistrate has issued bailable arrest warrants against nine executives of luxury sports car maker Porsche, including its German chief executive officer (CEO) and chairman Matthias Mueller.
A former Indian importer of the cars, reported the New York Times, alleged offenses such as “extortion, cheating, dishonestly inducing delivery of property, criminal breach of trust and criminal conspiracy”:
Precision Cars has been an importer for Porsche vehicles in India since 2003. However, when Porsche appointed Volkswagen Group Sales India as their sole importer in April 2012, they allegedly failed to inform Precision Cars, which Precision executives said left them no choice but to file a lawsuit.