The company which owns Leicester City and funded their rise to become the 2015‑16 Premier League champions is to face multimillion-pound corruption charges in Thailand. A judge at the central court for corruption and misconduct cases ruled at a hearing on Monday that criminal allegations presented in July should go ahead against King Power, the cash-rich company owned and run by the Leicester chairman, Vichai Srivaddhanaprabha, and his son Aiyawatt.
King Power is accused of having corruptly short-changed the Thai government of 14bn baht (£327m), its agreed share from the company’s lucrative duty-free monopoly at Bangkok’s Suvarnabhumi airport.
King Power denies the allegations.
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