Birmingham City boss Carson Yeung files appeal against six-year jail term
Carson Yeung Ka-sing, the owner of English soccer club Birmingham City, has filed an appeal against his conviction and six-year jail term for laundering HK$721 million.
Yeung, a hairstylist-turned-businessman, was found guilty of laundering HK$721 million using five bank accounts at Wing Lung Bank and HSBC between 2001 and 2007.
During his trial the court had heard that, from 2001, various parties had made deposits into the accounts, many for no apparent reason. Some were made by securities firms and a Macau casino, others were made by unknown parties. Some 437 deposits, totalling more than HK$97 million, were made in cash.
Prosecutor John Reading SC said: "An appeal was to be expected. Defendants in these types of cases always appeal.
"He will, however, have to have substantial grounds available if he expects to obtain bail pending appeal from a Court of Appeal judge."