Carson Yeung News
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Hong Kong businessman Carson Yeung’s purchase of the English soccer club Birmingham City was partly paid with funds in bank accounts connected to his money laundering trial, a prosecutor said.
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Hong Kong businessman Carson Yeung’s purchase of the English soccer club Birmingham City was partly paid with funds in bank accounts connected to his money laundering trial, a prosecutor said.
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Carson Yeung, owner of English soccer club Birmingham City, asked a Hong Kong court to halt his trial for laundering HK$721.3 million ($93 million) because records of his wealth from stock trading can’t be obtained.
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The following is a roundup of soccer stories from U.K. newspapers with clickable Internet links.
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A bid by Carson Yeung, owner of the English soccer club Birmingham City, to transfer a HK$721 million ($92.9 million) money laundering case against him to the High Court was dismissed as “frivolous” by a Hong Kong judge.
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Hong Kong’s High Court overruled a lower court decision allowing Birmingham International Holdings Ltd. Chairman Carson Yeung to leave Hong Kong while on bail, according to Yeung’s lawyer Clive Grossman.
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Carson Yeung, owner of the English soccer club Birmingham City, won a delay of his trial on money laundering charges until April 29.
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UBS AG, Switzerland’s biggest bank, said it may be unprofitable in the third quarter after a $2 billion loss from unauthorized trading at its investment bank.
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Birmingham City’s biggest shareholder, Carson Yeung , increased his stake in the Premier League soccer club to 24.9 percent, the team’s parent company said in a statement to the Hong Kong Stock Exchange.
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Carson Yeung, the Birmingham City soccer club owner facing charges of money laundering, had his request to leave Hong Kong for the U.K. rejected by a magistrate in the Chinese city.
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