He has a house, a son, a business and even a licence from Hello Kitty.
ECONOMIST: Chinese consumption is about much more than shopping
This belies the argument that takeovers give new managers more licence to restructure an ailing business.
Some of the biggest call-back operators have no operating licence, are not registered for business in Germany and decline to pay taxes on what they sell.
Mr Kiely admitted he ran an unlicensed money lending business, which changed when he obtained a licence from the Office of Fair Trading last year for his firm Millennium Finance Limited.
The embattled tycoon has been struggling under a mountain of debt, both in his liquor business but more noticeably in his Kingfisher Airlines whose licence to fly was suspended last month.
But BBC business editor Robert Peston said the deal meant the licence fee would rise broadly in line with the headline rate of inflation - the Consumer Price Index, which excludes mortgage payments.
However, if they engage in the business of manufacture to sell a gun, they need a licence.
Guernsey's housing licence system has been attacked by a number of local business figures.
The Republic's financial watchdog has partially lifted the trading restrictions, a move which allows the firm to write new insurance cover for provisional licence holders in the UK, about 10% of their business.
In return for awarding a licence, the mandarins have felt obliged to keep the beneficiary in business.
Telecel's licence was suspended, but the telecommunications minister, whose husband was an old business partner of one of the main Telecel shareholders, restored it.
For years, the government tried to deny Econet a licence because its founder, Strive Masiyiwa, would not give a share of the business to Mr Mugabe's nephew.
India's wildly successful software and business-process-outsourcing industries blossomed not because of help from the government, but precisely because its Licence Raj did not understand these nascent fields well enough to choke them off.
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