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Judge Plans To Appoint Robert Mueller To Oversee Takata Restitution

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A federal judge in Detroit stated he plans to appoint former FBI director Robert Mueller to oversee a massive restitution fund for Takata Corp.The $1 billion in funding is part of a settlement with the Justice Department for a growing recall scandal involving millions of faulty air bags.Takata pleaded guilty in January to criminal wrongdoing and agreed to pay the billion-dollar settlement to resolve a federal investigation into air bag inflators that are linked to at least 16 deaths worldwide.The independently administrated restitution fund will provide automakers with compensation for recalls, and to pay for those physically injured by Takata's airbags.http://feeds.reuters.com/~r/Reuters/d...http://www.wochit.comThis video was produced by YT Wochit Vote It using http://wochit.com


domesticNews Takata Corp Transport Parachuting Product Testing Airbag Automotive Industry Takata Robert Mueller
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