GM: No cover-up in ignition switch defect, 15 employees fired

CEO Mary Barra says automaker will set up victim compensation fund.

General Motors did not cover its tracks once during the 13 years since it found defective ignition switches that have led to at least 13 deaths and billions worth of repairs and lawsuits, according to the company's internal report.

CEO Mary Barra, in a conference Thursday to 1,200 employees in Warren, Michigan, revealed few details about the internal audit conducted by former U.S. prosecutor Anton Valukas. That audit, which began in March after pressure from two Congressional investigations and a criminal probe by the Justice Department, led to 350 interviews among 230 GM employees, former employees and suppliers.

"You should know that Mr. Valukas’ report revealed that there was no conspiracy by the corporation to cover up facts," Barra said. "In addition the investigators found no evidence that any employee made a tradeoff between safety and cost." 

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