Millionaire Gets ₹1 Crore Traffic Challan For Speeding Over 30 kmph
Anders Wiklof, a multimillionaire in Finland is fined ₹1.06 crore challan as he had violated the traffic rule by speeding 30 km/hour. It’s a serious offense there.
A multimillionaire in Finland, Anders Wiklof, received a staggering fine of 121,000 Euros (equivalent to approximately Rs 1 crore) for speeding. The 76-year-old was caught driving 30 km/h above the speed limit, which is considered a serious offense in Finland.
Unlike many other countries, Finland calculates fines for road violations based on the severity of the offense and the offender’s income.
This means that billionaires and multimillionaires can face fines in the multimillion-euro range for traffic violations. In Wiklof’s case, the fine amounted to half of his disposable income for a period of 14 days.
Wiklof expressed regret over the incident and admitted that he had started slowing down but was not able to do so quickly enough. He also expressed hope that the substantial fine would be put to good use, potentially helping to address the government’s plans to save 1.5 billion euros on healthcare in Finland.
Finland follows a unique approach to determine fines for speeding tickets, known as the “päiväsakko” or day fine system. The fines are calculated based on various factors, including the severity of the offense and the offender’s income.
The process involves determining the daily income of the offender by dividing their annual income by the approximate number of working days in a year (around 300).
Each speeding offense is assigned a severity category ranging from A to E, depending on the extent to which the driver exceeded the speed limit. These categories have predetermined base amounts, which act as starting points for the fine calculation.
The base amount is then multiplied by the number of day fines, determined by the offender’s daily income and the severity category.
The range of day fines can vary from 1 to 120, depending on the seriousness of the offense and the driver’s income.
The substantial fine imposed on Anders Wiklof serves as a reminder of the strict enforcement of road rules in Finland, where fines are intended to correspond proportionally to an individual’s financial situation.