Earn more, pay more: Finnish tycoon slapped with $175,000 fine for speeding

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Earn more, pay more: Finnish tycoon slapped with $175,000 fine for speeding
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Mr Anders Wiklof claimed the speed limit changed “suddenly” from 70kmh to 50kmh when he was flashed at 82kmh. Read more at straitstimes.com.

It was a simple speeding violation, but Finnish businessman Anders Wiklof had to pay an eye-watering fine of €121,000 for his folly – because he owns a company that makes €350 million a year.

Mr Wiklof, chairman and founder of a holding company that bears his name, had claimed the speed limit changed “suddenly” from 70kmh to 50kmh when he was flashed at 82kmh. Police checked Mr Wiklof’s income using a central taxpayer database and quickly assessed that he owed about €121,000. “I have heard the government wants to save €1.5 billion on healthcare in Finland, so I hope that my money can fill a gap there,” he said.

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