	vw says mln marks maximum for currency losses losses for volkswagen ag vowg f vw linked to an alleged foreign currency fraud will not exceed the mln marks provision already made a vw spokesman said the spokesman was commenting after vw had confirmed it would pay an unchanged mark dividend for ordinary shares on business despite the provision one west german newspaper today quoted foreign currency dealers in frankfurt as speculating that the total losses from the currency affair could be as high as billion marks but the vw spokesman described mln marks as an upper limit vw said in a statement following today s supervisory board meeting that it had discussed the foreign currency scandal in detail and was setting up a new probe into its foreign currency activities to be carried out by an unnamed auditing company vw has said computer programs were erased and documents were faked in the alleged fraud in which it believes transactions intended to protect it against possible foreign currency losses were not completed vw s former foreign currency chief burkhard junger was arrested on monday on suspicion of embezzlement and of having evaded justice earlier vw had said that its results would match profits vw s group net profit in was mln marks and parent company net was mln marks it also said it recommend an unchanged dividend to the supervisory board the company has also set a dividend of marks for new preference shares which were issued last year analysts have described the held dividend as a move to reassure worried shareholders vw increased nominal capital by marks last year to billion marks with the result that its total dividend payment on will be mln marks compared with mln on since the new capital was in preference shares the share analysts say vw will have to dig into reserves in order to maintain the disclosed profit at levels at the end of vw had parent company reserves of slightly less than three billion marks reuter 
