Court Grants Bail to Businessman Carson Yeung for UK Trip


by NTDTelevision

  • About
  • Export
  • Add to
For more news visit ☛ http://english.ntdtv.com
Follow us on Twitter ☛ http://twitter.com/NTDTelevision
Add us on Facebook ☛ http://facebook.com/NTDTelevision

Is 4 days bail worth 1 million dollars? The owner of the Birmingham City English soccer team, Carson Yeung, thinks so. He was charged with money laundering in Hong Kong. Now, Carson Yeung has been granted a 1 million dollar bail, and given permission to visit his team in Britain for 4 days. Here's more.

On Tuesday, Hong Kong businessman Carson Yeung, has been given permission to travel to Britain on bail.

Yeung was charged by a Hong Kong court late June, for money laundering roughly 95 million US dollars. At the hearing in Hong Kong's district court, the Judge doubled his bail to over a million US dollars.

Yeung will be on bail from September 15-19th. He'll spend the time visiting his English soccer team, Birmingham City.

Yeung is head of the Hong Kong-listed Birmingham International Holdings Ltd., owner of the English soccer team. He plans to visit new club manager Chris Hughton, as well as the board, players and fans.

The pre-trial review is set for December 7th, with the real trial beginning early next year.