Kelt, a merchant banker, was driving a 1994 Toyota Corolla in St Aubyn St East, central Hastings, about 8am on May 4.Is this a sign of the sea of troubles in which the finance industry is sinking - A millionaire merchant banker drives an unwarranted 1994 Corolla owned by his company? Or is it merely further evidence that rich people think the law does not apply to them? And they would be right on that score, given the sentence in this case: a $500 fine against a millionaire, a sum which probably he would recoup in interest earned while walking from the bank to the magistrates' court, and the careless driving charge dropped.
As he entered a roundabout he failed to notice a 13-year-old cyclist on his right and collided with him.
Doubtless the Sensible Sentencing Trust will not be spluttering about this case, given that the perp is rich and clearly not a member of the criminal class. Besides, he gave the kid a new bike, so what's the damage?