King Power has always followed and been absolutely committed to the highest standards in proper and ethical business practice. King Power, founded by Aiyawatt’s father Vichai Srivaddhanaprabha, has a controlling interest in Leicester, which rose to become the 2015-16 Premier League champions. According to The Guardian, it was not clear whether the corruption case in Thailand would have an impact on King Power’s ownership of the club. The corruption lawsuit was filed by Charnchai Isarasenaluk, a former vice chairman of the National Reform Steering Assembly. The lawsuit said the accused had conspired to reduce the government’s share of revenues on the sales of King Power’s lucrative duty-free shops from 15 per cent of sales under the contract to only 3 per cent.

Source: The Nation Bangkok November 14, 2017 12:00 UTC