CHINA: FOOTBALL / SOCCER - Ex-Birmingham City FC's Carson Yeung arrives at court for verdict

Record ID: 451711

  • Title: CHINA: FOOTBALL / SOCCER - Ex-Birmingham City FC's Carson Yeung arrives at court for verdict
  • Date: 3rd March 2014
  • Summary: HONG KONG, CHINA (MARCH 3, 2014) (AGENCY POOL) CARSON YEUNG, FORMER BIRMINGHAM CITY FOOTBALL CLUB OWNER, EXITING CAR, WALKING UP STEPS, PUSHING THROUGH JOURNALISTS AND ENTERING COURT BUILDING
  • Embargoed: 18th March 2014 12:00
  • Keywords:
  • Location: China
  • Country: China
  • Topics: Sports
  • Reuters ID: LVA3ZMXY8EBYRKP6BBC9TEJWA0QM
  • Story Text: Former Birmingham City Football Club owner Carson Yeung arrived at Hong Kong's District Court on Monday (March 3) to hear the verdict in his HK$721 million ($92.98 million) money laundering trial.
    Yeung pushed through a crowd of reporters at the entrance and complained about the media as he entered the building.
    It is uncertain whether the judge would finish reading the 112-page-long verdict on Monday. The court was adjourned last Friday (February 28) after judge Douglas Yau read through about one-third of the document.
    Yeung, a barber-turned-businessman and head of Hong Kong-listed Birmingham International Holdings Ltd, in his testimony last year told the court he amassed his wealth through hairdressing, share trading, real estate purchases in South-east Asia, Hong Kong and London, gambling and other investments.
    Yeung has denied five charges of money-laundering involving HK$721 million ($92.98 million). The offences allegedly took place from January 2001 to December 2007 and involved five bank accounts.
    He stepped down as chairman and executive director of the club's holding company, Birmingham International Holdings Limited, in early February.
  • Copyright Holder: POOL (CAN SELL)
  • Copyright Notice: (c) Copyright Thomson Reuters 2014. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
Register