- CNTV English - CCTV News

Carson Yeung faces money laundering charges

12-08-2011 11:09 BJT

Watch Video

Play Video

The owner of English Premiership team Birmingham City is fighting charges of money laundering. Carson Yeung attended a pre-trial hearing in Hong Kong on Wednesday. The businessman was arrested in June, as head of Hong Kong-listed Birmingham International Holdings Ltd.

The hairdresser-turned-tycoon is now awaiting trial on five counts of alleged money laundering of more than 720 million Hong Kong dollars. The trial is expected to begin early next year with the prosecution set to call at least 10 witnesses, including a forensic accountant.

The charges involve money deposited in bank accounts from 2001-to-2007. The 51-year-old Yeung took over Birmingham City in October 2009, soon after they were promoted back to the Premier League.

Tycoon Carson Yeung leaves the Wanchai Law Courts in Hong Kong on December 7. Yeung,
who owns English football club Birmingham City, appeared at a pre-trial hearing facing
money laundering charges

Hong Kong businessman Carson Yeung (L), the owner of English football club Birmingham
City, leaves a district court with an aide after a brief pre-trial in Hong Kong
December 7, 2011. As head of Hong Kong-listed Birmingham International Holdings Ltd,
the tycoon was arrested in June and is awaiting trial on five counts of alleged money
laundering of more than HK$720 million ($92.4 million). REUTERS/Bobby Yip (CHINA -


Related stories

Editor:Zhang Dan |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program