Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,201,742 members, 7,979,516 topics. Date: Saturday, 19 October 2024 at 10:45 AM

The Smart London Multimillionaire And His Rolls Royce - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / The Smart London Multimillionaire And His Rolls Royce (1117 Views)

Olu Okeowo's Home Raided By Customs Officers, Seized His Rolls Royce / How To Become A Multimillionaire In Year 2018 / Jimoh Ibrahim Buys 2017 Rolls Royce For N300m As 50th Birthday Gift (Photo) (2) (3) (4)

(1) (Reply) (Go Down)

The Smart London Multimillionaire And His Rolls Royce by Consultville(m): 10:14am On Aug 19, 2015
I just read this piece on my facebook and I decided to share:

Singh Street Style
A wealthy Singh walks into a bank London and asks for the loan officer. He says he's going to Europe on business for two weeks and needs to borrow £5000. The bank officer says the bank will need some kind of security for the loan, so Mr Singh hands over the keys to a new Rolls Royce, which costs quarter of a million pounds.

“The car is parked on the street in front of the bank,” says Mr Singh, “and I have all the necessary papers.”

The bank officer agrees to accept the car as collateral for the loan. After Mr Singh leaves, the loan officer, the bank's president and all their colleagues enjoy a good laugh at the man for using a £250,000 Rolls Royce as collateral against a £5,000 loan.

One of the employees drives the Rolls into the bank's underground garage and parks it there. Two weeks later, Mr Singh returns, repays the £5000 and the interest, which comes to £15.41.

The loan officer says, "Sir, I must tell you, we’re all a little puzzled. While you were away, we checked you out and discovered that you’re a multimillionaire. Why would you bother to borrow £5,000?"

The man replies, "Where else in London can I park my car for two weeks for only £15.41?"

Re: The Smart London Multimillionaire And His Rolls Royce by experimentist: 10:16am On Aug 19, 2015
ok
Re: The Smart London Multimillionaire And His Rolls Royce by akpakoboy: 10:19am On Aug 19, 2015
Wise man.
Re: The Smart London Multimillionaire And His Rolls Royce by ikbnice(m): 10:23am On Aug 19, 2015
money speakin...Rolls Royce answerin
Re: The Smart London Multimillionaire And His Rolls Royce by mayorkyzo: 10:51am On Aug 19, 2015
Lols a smart man indeed... grin

(1) (Reply)

Turkish Clothings And Furnitures / Companies Income Tax In Nigeria / Pls Help "Which Business Can I Start With 30k"?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.