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Tag Archives: Macau.

A  wealthy highpowered  businessman who owns Birmingham City Football Club, continues to testify in his $92.98 million money laundering trial in Hong Kong.

Carson Yeung, 53, a hairdresser turned tycoon  is accused of knowingly using ill-gotten money and channelling it through five bank accounts, between January 2001 and December 2007.

 Yeung , who was charged with money laundering in 2011  took the stand for the first time in the trial on October 15, explaining how he made his fortune and saying missing documents hampered his case.

Yeung has denied five charges of money laundering, and denies ever suspecting that the money in the five bank accounts were proceeds of crime.

http://www.ntd.tv/