The billionaire Sheikh Mohammed bin Rashid Al Maktoum, who is also the Prime Minister and Vice-President of the United Arab Emirates, received a startling £923,760 in taxpayer subsidies for his Newmarket-based stud farms Darley Stud and Godolphin, Greenpeace has found. A further £110,301 went to Smech Management Company, which is also owned by Sheikh Mohammed. Of these payments, a total of £947,211 came from the controversial “single payment scheme”, based primarily on the area of land owned, rather than how that land is used.
