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King Power charged with £327m fraud...

Discussion in 'Hull City' started by originallambrettaman, Jul 12, 2017.

  1. originallambrettaman

    originallambrettaman Mod Moderator
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    The company that owns Leicester City and funded the club’s rise to become 2016 Premier League champions has been accused of multimillion-pound corruption in the operation of its business in Thailand. King Power, owned and run by the Leicester chairman, Vichai Srivaddhanaprabha, and his son Aiyawatt, is alleged to have corruptly short-changed the Thai government of its agreed share from the company’s lucrative duty free franchise at Bangkok’s Suvarnabhumi airport.

    King Power International, which owns Leicester, is accused of criminally failing to pay the Thai state 14bn baht (£327m) from the operation of the airport franchise, whose original grant in 2006 required 15% of the income to be paid to the government. The lawsuit – a copy of which was seen by the Guardian – was filed by Charnchai Issarasenarak, deputy chairman of a government anti-corruption subcommittee. He alleges that King Power colluded with airport employees to pay the government only a 3% slice of the duty free takings.

    https://www.theguardian.com/footbal...g-power-accused-corruption-thailand-duty-free
     
    #1
    originallambrettaman, Jul 12, 2017
  2. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Didn't Dave, can't remember his second name, fiddle summat else to get round ffp too?
     
    #2
    Chazz Rheinhold, Jul 12, 2017
  3. Amin Yapusi

    Amin Yapusi Well-Known Member

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    They're a nasty little pair of scumbags and a stain on the sport.
     
    #3
    Amin Yapusi, Jul 13, 2017
  4. augustatiger

    augustatiger Well-Known Member

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    Is this on the correct thread?
     
    #4
    augustatiger, Jul 13, 2017
    dennisboothstash and Kempton like this.
  5. Mr Hatem

    Mr Hatem Well-Known Member

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    Bloody Allams!
     
    #5
    Mr Hatem, Jul 13, 2017
  6. BrAdY

    BrAdY Well-Known Member

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    Strip lester of the league win

    Dirty disgusting club
     
    #6
    BrAdY, Jul 13, 2017

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