Anonymous ID: ccb892 Oct. 31, 2018, 7:58 a.m. No.3675092   🗄️.is 🔗kun   >>5169 >>5311

>>3674983

 

>“King”

>Capital “C”

>Capital “T”

>King C.T. - King Child traffic(King)

 

Interdasting theory….

 

Wonder if it's related to the Leicester City owner who died in the helicopter crash a few days ago.

 

King Power

 

sauce: https://www.theguardian.com/football/2016/may/04/thai-billionaire-leicester-city-vichai-srivaddhanaprabha

 

The origins of Vichai Srivaddhanaprabha are largely opaque – opening his first business, a modest duty-free shop, during 1989 in downtown Bangkok. Today, the Thai billionaire’s retailer, King Power, has a near-monopoly in the country’s major airports. And the £39m he paid for Leicester City in 2010 looks, in retrospect, to have been a steal.

 

It is not clear if Vichai is a gambler but, even if he did not bet on his team, the businessman has won big.

 

Leicester could now be worth more than £436m – 11 times what he bought the club for according to the New York‑based research firm Private Company Financial Intelligence.

 

Not unlike the Foxes, Vichai’s rise was hard to predict but his growing wealth has mirrored Leicester’s success. Forbes puts the 58-year-old – who is worth an estimated £1.9bn – at fourth place in Thailand’s rich list in part due to the recent influx of Chinese tourists to the country.

______

 

sauce: https://www.lcfc.com/news/434490/royal-honour-for-city-owners

 

“It is our family’s greatest honour to receive this royally granted surname”, Mr Vichai said. “The name ‘Srivaddhanaprabha’ conveys positive attributes to the industry and brings in prosperity to our family. We have now officially changed our surname since it was published in the Royal Gazette in late 2012,” added the Leicester City FC Chairman and head of King Power Group. In Thailand, royally-granted family names have been bestowed particularly on the Monarch's retainers since the reign of King Vajiravudh (Rama VI, r.1910 – 25). It is a tradition of His Majesty to grant surnames to members of the royal family, government officers, and private citizens who have contributed significantly to the good of the country.

 

This Mr Vichai and King Power have done, not only by bringing 'Thai Spirit' to the world sports by helping to guide Leicester City FC to the top positions in the United Kingdom’s npower Championship, but also by supporting Thai sports culture through ‘THAI FIGHT’. The Srivaddhanaprabhas have also made their mark and reputation by building up King of Duty Free over 24 years. They are unrivalled in terms of experience in the duty free and tax free business in Thailand. Today, King Power Duty Free Company Limited has the concession for duty free operations at many of Thailand’s international airports: Suvarnnabhumi, Don Mueang, Chiangmai and Phuket. The group also operates two down-town branches, one in central Bangkok, the other in Pattaya. Over the years the group has taken part in initiatives to develop Thailand's capabilities in terms of employment and it is also an enthusiastic participant in many corporate and social responsibility programmes dealing with education, charity work, children’s health issues, sports and Thai culture.

Anonymous ID: ccb892 Oct. 31, 2018, 8:05 a.m. No.3675169   🗄️.is 🔗kun

>>3674983

>>3675092

 

I remember seeing this in the Notables the other day…. couldn't find it quickly so I'll repost.

 

Leicester City owner King Power to face £327m corruption charges in Thailand

 

sauce: https://www.theguardian.com/football/2017/nov/13/leicester-owner-king-power-face-corruption-charges-thailand

 

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.

 

The lawsuit, filed by Charnchai Issarasenarak, the former deputy chairman of a government anti-corruption subcommittee, alleges King Power and one of its executives colluded with airport employees to pay the government only a 3% slice of the duty-free revenues. The original 2006 grant to King Power of the franchise, at one of the world’s busier airports, required 15% of the income to be paid to the government, according to the charges.