Arab Today, arab today birmingham\s yeung moneylaundering verdict delayed
Last Updated : GMT 02:41:20
Arab Today, arab today
Arab Today, arab today

Birmingham\'s Yeung money-laundering verdict delayed

Arab Today, arab today

Arab Today, arab today Birmingham\'s Yeung money-laundering verdict delayed

Hong kong - AFP

Birmingham City owner Carson Yeung will have to wait until next week to find out whether he has been convicted in a multi-million dollar money-laundering trial as the judge adjourned a long verdict hearing until next week. The Hong Kong tycoon had been expecting to discover his fate on Friday, the culmination of a case that has rumbled through the courts for the last two years. But after reading his summary for five hours, District Court Judge Douglas Yau adjourned proceedings having only read half way through his verdict statement. "The reading of the verdict for today will stop here," Yau told a Hong Kong courtroom packed with reporters and members of the public. "We resume at 9:30 am on Monday." Yeung, wearing a dark suit, looked exhausted four hours into the reading of the verdict and was seen nodding off a couple of times in the dock. He denies five money-laundering charges totalling $93 million and has repeatedly tried to have proceedings halted claiming irregularities. Yeung was arrested and charged with ill-gotten gains in the southern Chinese city in June 2011, two years after he acquired the "Blues". The adjournement caused frustration among some Birmingham City fans, many of whom were UK-based and had stayed up late into the night to discover what would become of their club's owner. "This Carson yeung trial is farcical just goes on and on and on," Birmingham based Twitter user @ecakeeprighton wrote. "My God, this Carson Yeung trial is like watching Eastenders or Coronation Street!! It drags on and on, it's like pulling your teeth out," @mickbcfc1975 tweeted, referring to two long-running and popular British soap operas. Some fans used the Twitter tag #DelayNoMore to express their wishes for the case to conclude, which also conveniently sounds like a Chinese profanity. Throughout the trial, Yeung and the prosecution have painted differing pictures of how the businessman's wealth was amassed. Yeung said he accumulated hundreds of millions of dollars in the past two decades through stock trading, hairdressing, business ventures in mainland China and a keen interest in gambling. However, prosecutor John Reading argued that Yeung's accounts showed that before 2001 he was a man of "modest means". Yeung, who was little known prior to his emergence in English football, took control of the club in October 2009 in an 81-million pound ($130 million) takeover from David Sullivan and David Gold, now the co-owners of West Ham. Earlier this month Yeung, resigned as chairman and executive director of Birmingham International Holdings Limited (BIHL), which owns the struggling second-tier club. The Blues won the League Cup in 2011, but their fortunes have gone downhill since they were relegated later that year. Yau had nearly finished summarising the trial hearings after he read up to page 46 of the prepared verdict statement, which he said was around 100 pages long. He said the ruling would come at the end of his statement.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today birmingham\s yeung moneylaundering verdict delayed Arab Today, arab today birmingham\s yeung moneylaundering verdict delayed

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday