"In a incident in Thailand, a grandson of the creator of the Red Bull energy drink has been arrested for driving a Ferrari that struck a police officer and dragged his body down a Bangkok street in an early-morning hit-and-run, police said.
Police took Vorayuth Yoovidhya, 27, for questioning after tracing oil streaks for several blocks to his family's gated estate in a wealthy neighborhood of the Thai capital, officials said Monday.
He was facing charges of causing death by reckless driving and escaping arrest but was released on 500,000 baht ($15,900) bail.
The Yoovidhya family was ranked the fourth richest in Thailand this year by Forbes magazine with a net worth of $5.4 billion."
"Mean while in Beijing, son of Ling Jihua, had died in a high-speed Ferrari crash in Beijing in the early hours of March 18 that also injured two young women, one of whom was naked.
Mr. Ling has close ties to outgoing President Hu Jintao, had been removed as head of the Communist Party's powerful Politburo general office and given a new, less high-profile post, .
Reports of the crash first surfaced in March on China's popular microblogs, along with speculation that the son of a senior Communist leader had been involved, but were quickly suppressed by the country's army of online censors.
Photographs of the wreckage were briefly circulated online, sparking questions about how the son of a government official could afford a luxury sports car worth a reported 5 million yuan (around $800,000).
Online searches for the words "Ferrari crash" have been blocked in China ever since, underscoring the huge sensitivity of the issue ahead of the Communist Party leadership handover later this year."
"The allegations touched on some [Asian] leader's fear most, that the image of privileged children living in extreme luxury, unbounded by law or consequence", reports William Wen from the Washington Post.