Manchester City Financed Purchase of Diamonds

Continuing our British football related diamond stories, former Thai premier and Manchester City Chairman Thaksin Shinawatra last week gave a radio interview, the first since his exile, from Thailand in which he confirmed his investment in a diamond mine was financed by profit from the sale of Manchester City Football Club.

Thanksin said that capital used for the purchase of the diamond mined were not impounded by the British because he simply had no bank accounts in England at the time. Regarding his freedom to travel, he said none of the countries he visited had any objection or embarrassment to grant him entry.

The story came about when it was alledged he used his wife’s ID card to purchase a plot of land marked as a Diamond Reserve.

In concluding his interview, he denied speculation about his illness with cancer. He said he was in good health.