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Thomas Chan

A judge yesterday refused former Birmingham City Football Club boss Carson Yeung Ka-sing's application for bail, pending appeal against his conviction and six-year jail term for laundering HK$721 million.
Mr Justice Michael Lunn, vice-president of the Court of Appeal, said that the appeal hearing would be conducted in March next year. Meanwhile, the businessman will continue to stay in Stanley Prison.
The prosecution had earlier applied for a confiscation order against Yeung, and the application has been adjourned pending the outcome of the appeal.
Veteran criminal barrister Gary Plowman SC and Derek Chan represented Yeung yesterday, while a legal team led by Graham Harris SC defended him in the trial. Yeung's wife Joanna Wang Man-li was in court yesterday but remained tight-lipped.
The hairdresser-turned-businessman was sentenced to six years in prison by District Judge Douglas Yau Tak-hong in March on five charges of laundering HK$721 million using five bank accounts at Wing Lung Bank and HSBC between 2001 and 2007.
When he sentenced Yeung, the judge said the stiff prison term was meant to serve as a deterrent, in order to send a message to those who exploited the system that "the law will come down on them with full force".
During the trial, the District Court heard that from 2001, various parties made deposits in the accounts, many for no apparent reason. Some were made by securities firms and a Macau casino while others were made by unknown parties. Some 440 deposits, totalling more than HK$97 million, were made in cash.
The court heard that Yeung once reported earning nothing for five years, but his income later shot up by a factor of 300 in only seven years. Accounting experts probed tens of millions of dollars in cheques that were deposited into his accounts by Macau casino bosses.
Witnesses testified that Yeung had substantial mainland connections and had met Jia Qinglin, a high-ranking member of the Standing Committee of the National People's Congress.
He also made a donation of 10 million yuan (HK$12.7 million) to the development of Tibet.
Relatively unknown before his emergence on the English soccer scene, Yeung took control of Birmingham City in 2008 in a HK$237 million takeover. He quit all his posts in the club's holding company in February.
On Friday, Yeung's right-hand man Peter Pannu, who was director of the club, stepped down from that role after posting an online rant that suggested Yeung still pulled the strings.


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Carson Yeung

Ex-Birmingham City owner Carson Yeung denied bail pending appeal

Carson Yeung's application for bail has been denied. Photo: Sam Tsang

Carson Yeung.Photo: Sam Tsang

News

Hong Kong

Carson Yeung must remain in Stanley Prison at least until his next hearing in March, judge rules


A judge refused former Birmingham City Football Club boss Carson Yeung Ka-sing's application for bail, pending appeal against his conviction and six-year jail term for laundering HK$721 million.


Ex-Birmingham City owner Carson Yeung denied bail pending appeal

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Carson Yeung must remain in Stanley Prison at least until his next hearing in March, judge rules

Carson Yeung must remain in Stanley Prison at least until his next hearing in March, judge rules