Former Thailand prime minister Thaksin Shinawatra has revealed that he plans to spend some of the proceeds from his sale of Manchester City Football Club to set up a telecoms company in Dubai.
Thaksin, who made millions from telecommunications before entering politics, said he wants to establish a telecommunications consulting business in one of the emirate's many free economic zones, Reuters reported in the UK.
Thaksin's considerable assets have been frozen in Thailand. He said he would leave Dubai soon, having stayed in the desert emirate for over a month already, travelling on a Nicaraguan diplomatic passport.
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