January 12, 2017 / 11:48 AM / 7 months ago

BRIEF-Volkswagen investor TCI warns management on bonuses

Jan 12 (Reuters) - Volkswagen

* Investor TCI says expects dramatic improvement in profits before senior management receive any bonuses in 2017

* TCI says minimum 17 billion euros of ebit needed for any bonus to be received by executive management

* Notes in Statement of Facts from Department of Justice there is no reference to board level management having knowledge of scheme to cheat on emission tests Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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