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Tag: takata

Ex-FBI Director Mueller III Appointed to Oversee Takata air bag claim fund

Former FBI Director Robert Mueller

Former FBI Director Robert Mueller

By Steve Neavling
ticklethewire.com

DETROIT — Former FBI Director Robert Mueller III has been appointed by a federal judge to oversee the disbursement of nearly $1 billion in restitution to victims of the deadly Takata air bag case, USA Today reports. 

U.S. District Judge George Steeh issued an order Thursday afternoon to appoint Mueller, who also played a role as settlement master in the Volkswagen diesel emissions case.

“In the end, the court determines that Mr. Mueller is the best candidate for the position, based in part on the parties’ support of his appointment, as well as the court’s comfort and trust in his impeccable credentials, his relevant experience in settlement negotiations, his familiarity with the automotive industry in general, and based upon his well-known reputation for integrity,” Steeh said in his order.

Mueller’s job includes recommending who receives restitution and how much they receive.

The Takata pleaded guilty to fraud in federal court, resulting in a $1-billion settlement with the U.S.

Air bag defects have killed at least 16 people worldwide and injured many more.