Carson Yeung has had his appeal against his conviction for money laundering rejected by the courts in Hong Kong. Yeung is serving a 6 year sentence for failing to account for sums in the millions during the years of 2001 and 2007.
The judge did however grant leave for appeal regarding Mr Yeung’s sentence and there there may be an alteration made to his sentence.
The former hairdresser is challenging his conviction due to an earlier appeal in the most senior court in Hong Kong where they changed the interpretation of the act that was applicable to Yeung’s case.
This challenge still has remained unsuccessful despite the alternation in the laws interpretation. The way in which the burden of proof, and who the burden was actually on was considered by an earlier judgement – an argument that is had in English evidential law as well.
There will be another hearing on May 15 where we will learn now in regards to Yeung’s further appeal, but for now it is clear that he will serve time in jail and won’t be seeing the outside world just yet.
This is a significant blow to the Yeung camp, as he is much less effective in fighting for control of BIHL whilst he is on the inside. That is not to say that he can’t and isn’t, but I doubt there will be much change on the receiver front as a result of this.
Since 2011 Yeung has lost control of the football club he was heavily invested in, but retained influence through the dealings of the holding company Birmingham International Holdings. But now other investors have handed power via a court order to Urnest and Young, there is little now the former president of BCFC can do with regards to exercising his shareholders rights.
We’ve backed away from BIHL coverage as there is little we can add to the conversation, there are plenty of rumors on the forums and predictions from other sites to factor in when you’re reading this.
We prefer now to focus on the playing team, filling St Andrews and looking forward to a brighter future; whilst still backing any positive takeover bid that will see the majority of fans return to the club.
So with all the positive news since Panos Pavlakis has been at the club, why not embrace this fresh start? and come down to the ground for next season.
Attention: Vital Birmingham are looking for writers/bloggers to join our team! After a period of commitment you will also be invited to become a Co-Editor on the site, if you`re interested in helping us click Here
For business enquires please click Here
Join Vital Birmingham
It’s easy to REGISTER HERE, simply click the link and enjoy getting involved!