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Birmingham City's owner found guilty of money laundering
Posted on 3/7/14 at 10:28 am
Posted on 3/7/14 at 10:28 am
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quote:
The owner of Birmingham City football club, Carson Yeung, has been sentenced to six years in jail for money laundering.
Judge Douglas Yau handed down the sentence in a Hong Kong court after convicting the 54-year-old of five charges linked to the laundering of $93m (£55.6m).
Lawyers for the former hairdresser earlier said they were expecting a "significant" jail sentence.
He had faced up to seven years' imprisonment.
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