CHINA: Birmingham City owner Carson Yeung arrives at Hong Kong court for money laundering hearing

Record ID: 451694

  • Title: CHINA: Birmingham City owner Carson Yeung arrives at Hong Kong court for money laundering hearing
  • Date: 3rd May 2013
  • Summary: HONG KONG, CHINA (MAY 3, 2013) (REUTERS) EXTERIOR OF WANCHAI TOWER, WHERE WANCHAI LAW COURTS ARE HONG KONG FLAG JOURNALISTS WAITING AT ENTRANCE VARIOUS OF WANCHAI LAW COURTS SIGN IN FRONT OF HONG KONG FLAG VARIOUS OF CARSON YEUNG, BIRMINGHAM CITY FOOTBALL CLUB OWNER, WALKING INTO COURT GRAHAM HARRIS, YEUNG'S LAWYER, WALKING INTO COURT
  • Embargoed: 18th May 2013 13:00
  • Keywords:
  • Location: Hong Kong, China
  • City:
  • Country: Hong Kong
  • Topics: People,Sports
  • Reuters ID: LVABFOPXMI74W2YFZBV8UJDLZ55E
  • Story Text: Birmingham City football club owner Carson Yeung entered a Hong Kong court on Friday (May 3), to attend a hearing over money laundering charges against him.
    Yeung, accused of laundering over HK$720 million ($92.74 million), on Monday (April 29) pleaded not guilty to the charges.
    He denied five charges, which prosecutors said occurred between 2001 and 2007, of dealing with property known or believed to represent proceeds of an indictable offence.
    His defense team sought to have the case thrown out, saying some related documents were no longer available.
    His lawyer, Graham Harris, said some documents that might be crucial to the defendant's case were no longer available, rendering a fair trial impossible.
    Yeung has made several attempts to postpone the trial. It had been due to start last November but the hairdresser-turned-tycoon won a delay after his lawyers said more time was needed to gather evidence.
    Yeung, who heads Hong Kong-listed Birmingham International Holdings Ltd, was arrested in June 2011, since when trading in shares of the English second-tier soccer club's parent has been suspended.
    The company had a market value of $77 million before the trading suspension.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2013. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
Register