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In the Media

article imageSon of billionaire: 'Arab money talks' as police return car

article:334587:11::0
By Katerina Nikolas
Oct 10, 2012 in World
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London - The son of a billionaire Arab Sheikh boasted "Arab Money Talks" after police from the Met returned his confiscated, uninsured, luxury super-car when “they found out who I was."
Emirati Sheikh Rashid Bin Humaid Al Nuaimi, 28, is the son of the billionaire Emir of Ajman, UAE's smalllest Emirate, Sheikh Humaid bin Rashid Al Nuaimi. Rashid's £200,000 super-car, a yellow Ferrari FF, was seized by police as it was uninsured.
The Evening Standard reported Rashid boasted “My Ferrari got seized in London, then they found out who I was and gave it back. Arab money talks."
The Sheikh plastered photographs of the car, which was displayed outside New Scotland Yard, emblazoned with a banner reading "Uninsured Vehicle Seized by Police," on his Facebook page.
According to the Independent the Emir of Ajman owns a fleet of super-cars which are flown to London by private jet for him to drive when in the capital.
Rashid's Ferrari was seized as part of a campaign to crack down on uninsured vehicles, which were then confiscated. The vehicles would then be auctioned off or crushed unless their owners could produce the correct paperwork.
Scotland Yard deny Rashid's version of events, saying the car was returned to Sheikh when "the owner obtained insurance, produced a valid driving licence and paid a fine, recovery fee and storage costs."
article:334587:11::0
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