Finnish man hit with $195,796 speeding fine for going 32km/h over the limit

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Finnish man hit with $195,796 speeding fine for going 32km/h over the limit

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[ad_1] A Finnish millionaire has been slapped with an eye-watering fine of 121,000 euros ($195,796) for speeding. Anders Wiklöf, the chairman of a d

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A Finnish millionaire has been slapped with an eye-watering fine of 121,000 euros ($195,796) for speeding.

Anders Wiklöf, the chairman of a diverse holding company, found himself in hot water when he was caught driving at 82kph in a 50kph zone.

The businessman was caught by a police officer who flagged down his speeding vehicle.

As part of his punishment, Mr Wiklöf’s driving license was also suspended for a ten-day period.

“I really regret the matter,” Mr Wiklöf told local press.

It was not the first time Mr Wiklöf has been caught speeding.

In 2018 he was fined 63,680 euros (A$102,000) for driving too fast.

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And five years prior to that he was ordered to pay 95,000 euros (A$152,000) for another speeding offence.

Mr Wiklöf, who lives in the scenic Aaland Islands, presides over a flourishing holding company that boasts businesses in various sectors, including logistics, helicopter services, real estate, trade, and tourism.

Unfortunately for Mr Wiklöf his wealth and status means he pays more for traffic offences.

In Finland, fines for speeding are calculated based on the offender’s daily disposable income, typically amounting to half of their daily salary.

This method ensures that the punishment fits the individual’s financial capabilities. With Mr Wiklöf’s company, Wiklöf Holding, valued at an impressive $10 million, his fines are considerably more than the average hoon.

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