March 8, 2010, - 2:36 pm

Pimp Bond’s Ride, the Sequel: Muslim Owner of Aston Martin Uses Sharia to Stiff Investors

By Debbie Schlussel

You may know Aston Martin as James Bond’s suave sports car of choice.  But, unless you’re a longtime reader,  you might not know that it is half owned by Kuwaiti Muslims.  I wrote about the acquisition, three years ago, when Ford Motor Company sold its controlling interest in the company to Kuwait’s Investment Dar Co., an Islamic investment house that follows sharia (and another Islam-complaint Kuwaiti investment outfit, Adeem Investment).

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Pimp Bond’s Ride: Aston Martin’s Kuwaiti Muslim Deadbeat Owners, Adnan Al-Musallem & Mustafa Al-Saleh

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But, now, Investment Dar and its Chairman, Adnan Al-Musallem,  are under water, and can’t pay creditors.  It’s the same scenario I recently told you about with Dubai and its government-run Dubai World.  Like Dubai World, Investment Dar tried to “restructure,” with a plan that repays investors only mere pennies on the dollar.

But the creditors balked.  So, now, Investment Dar–which also owns the Grosvenor Hotel Apartments in London–is employing protection under Kuwait’s “financial stability law,” a form of Islamic protection which is far more detrimental to creditors than any kind of bankruptcy law.

The Islamic law, written pursuant to sharia, are designed to protect Muslim companies from Western creditors and forces the creditors to agree to virtually whatever payback plan and terms the Muslim company wants.

The law would give Investment Dar immediate protection from “all judicial proceedings … until the competent court circuit [DS: that means a Kuwaiti sharia court] reaches a decision,” according to a translation of the law’s text by DentonWildeSapte, the law firm.

Let this be a lesson to those who choose to do business with Islamic countries (most of whom participate in the Arab boycott of Israel and deny entry to Jews with Israeli passports or stamps in their passports). You play with anti-Semites and Israel-haters, you get burned. Western investors in Investment Dar–including several banks–will be lucky to get anything after all is said and done. Kuwaiti sharia courts will pay them no better respects than they do dogs and pigs.

And even Aston Martin’s sales have been artificially propped up by the same Gulf State sheikhs who don’t pay their creditors.  Aston Martin’s biggest recent sale of a fleet of its most expensive cars went to who else? TopSpeed has the details:

The Aston Martin One-77 is limited to only 77 units, but when only one customer gets 10 of them, it makes it impossible to have a chance to buy one. Not that we had that chance. Of course the buyer is from [the] Middle East (where else!) and apparently he bought the cars for “The Family.”

When the customer made his demand (10 cars delivered by September), you can imagine that the guys from Aston Martin said this might be impossible. But a cheque of $23,000,000 made it more than possible (as a refresher an One-77 costs $1,4 million).

Do the math. That means this wealthy Muslim is paying an extra $900,000 per car, at $2.3 million per Astin Martin One-77. Hmmm . . . someone in a keffiyeh is not only inadequate “under the hood,” but so is every male member of his family [pun intended].

Even though the Islamic world owns much of Britain and certainly most of London, it’s all a sharia house of cards. Ditto for their assets in the U.S. More on that coming up. Stay tuned.

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15 Responses

Thanks for exposing this! You should compile a list of companies owned by terror-group supporting Muslims so that we know who not patronize with our business.

Kaiser Sozay on March 8, 2010 at 3:11 pm

This is just another example of the Islamic Superstate twisting laws to cover for the corruption within! Maybe Western Governments should boycott goods and services from the I.S. and pull-out all military support and leave these corrupt governments and Corporations at the mercy of their people.

Thank you again Debbie for raising these timely reminders that we face threats from the I.S.

Chriscarroll50 on March 8, 2010 at 3:12 pm

On the issue of those “inadequacies”, I recall reading a few years back of an Israeli urologist who was regularly and quietly brought into Saudi Arabia to treat those with “under the hood” problems. Yes, they’re very strict about their boycotts, unless it’s something they want (or want fixed). Right now they want Israel to “fix” their Iran problem, but only under circumstances that will leave them free to condemn Israel afterwards.

Raymond in DC on March 8, 2010 at 3:19 pm

well then, i’m going to cancel my aston martin order…

howardroark on March 8, 2010 at 3:47 pm

These Muslim countries signed agreement with Western oil companies to find the oil. They were only supposed to receive a certain royalty. These countries then reneged on their agreement and formed a cartel to push the prices up. This has been economic war. Excess oil revenue from these Muslim countries should have been taken away and used to compensate victims of Islam.

madman on March 8, 2010 at 4:16 pm

two words OY VEY

zayde dov on March 8, 2010 at 4:43 pm

The whole world should take to task all of these oil rich muslim countries and do the same to them. Give them only pennies on the dollar for their oil. Dubai/Kuwait/… all of these other ass-backward muslim countries should bail out themselves with the billions they make on oil.

Jarhead on March 8, 2010 at 5:14 pm

Rashi tells us they are “Listim” armed robbers. What was true then is just as true now. While there will be some who are trustworthy, that is not a national character trait, so there is no reason to trust them, in general. But I do hold the good ones in the highest regard, because anyone who can be immersed in the filth their clerics spew, and still remain good, is, in my opinion, a very special gem, and equally as rare.

“Kuwaiti sharia courts will pay them no better respects than they do dogs and pigs.” …and women.

yonason on March 8, 2010 at 5:26 pm

One wonders if Universities, like MIT, Harvard and Georgetown which offer classes and seminars in sharia compliant finance are going to amend their lesson materials to include pitfalls as experienced by Aston Martin/Dar?

wtd on March 8, 2010 at 8:49 pm

Ashame for such a proud car company to fall into these creatures hands. How much longer before the company is no longer making cars but bombs and nuclear material for their Holy War against Isreal.

ZENN LA on March 8, 2010 at 9:20 pm

Thanks Debbie for exposing these sharia terrorists!!!
You kick @ss Girl :)) way 2 go :))
keep up the good work.
All the best from Norway :)

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