NOVEMBER 7, 2001
Criminal proceedings begin against Haffa
The Bavarian state prosecution service has announced that it has started criminal proceedings against Thomas Haffa and his brother Florian.
Lawyers representing EM.TV's shareholders say that if this could open the way for damages claims against the two men as the criminal case may provide information for the civil cases.
At the time of the alleged fraud, EM.TV owned 50% of SLEC, the Formula One holding company.