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Carson: The Endgame
What should be the final chapter in what has been the long-running saga of the charging and conviction of Carson Yeung on five counts of money laundering will begin tomorrow in the Court of Final Appeal in Hong Kong.
Following the announcement of the “special deal” agreed with Carson in March, this hearing should be nothing more than a footnote which marks the end of his eight-year tenure as largest shareholder of Grandtop/BIH and by extension BCFC. That being said, should Carson’s appeal be denied it will confirm once and for all that he cannot come back to Blues due to his conviction being a disqualifying condition with regards the Owners and Directors Test.
Carson’s case will not be heard alone. It’s scheduled to be heard simultaneously with another appeal (Salim Majed) as both cases are challenging similar technical points in the law; among them the way the charges are structured in that transactions are grouped by bank account rather than specific transactions, pushing the tactical onus of proof onto the defendant rather than the prosecution.
The hearings are due to last three days, with the final appeal judgement probably being handed down within a month of two of the hearings.
If I’m honest, I think that these hearings are now more of a tangential thing for us. I’m more interested in who turns up in support of Carson for the hearings than what is said now; equally while it would be good to finally put an end to the “what ifs” that have surrounded this ongoing saga by the time the judgement is handed down it should be immaterial anyway – of course, this is dependent on the EGM being held and the minority shareholders giving their approval to the restructuring plans put forwards by Ernst and Young.
Speaking of Ernst and Young, it’s entirely probable there will be a monthly announcement to the Stock Exchange today about how the takeover is progressing; I’m expecting nothing more than the usual non-news. However, if you’ve got time to spare and want to wait for it the rolling news ticker for the HKSE is here – announcements can be made at any time til 11pm HKT (4pm BST).
Tags: Carson Yeung, The Trial
39 Responses to “Carson: The Endgame”
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Lets all hope new owners are in place very soon with a genuine feel for the club and its supporters a big thank you to Ernst and young for their work and a massive thank you to panos for his work at the club that light at the end of the tunnel is getting bigger and brighter kro
Thanks to DAN as well , A few words go a long way ,…….KRO
Totally agree thanks dan kro
Cheers for that Dan, i’d almost forgot about his appeal. It’s a pity the HK courts didn’t run a competition in conjunction with OP to select the jury, just e-mail your name & address to Dan & the 12 names picked out of the hat gets an all expenses paid trip to HK (paid for by CY of course) to help consider the verdict. Mind you Dan, you’re server would most likely have melted!!!!.
No jury, it’s five judges.
Aw shame!!
Will you close the site once carson has nothing to do with bcfc almajir? I can’t see what more you will have to write about after, the interesting news surrounding the club will dry up will it not? maybe you want carson to stay secretly ;-) haha
You’re right, nothing interesting ever happened pre-Carson and nothing interesting will ever happen once he’s gone.
/s
Especially now that you are banned from mentioning Blues Ladies!!
Is that true?
This is almajir’s baby and the only person that can ban him is a strange bloke that goes by the name of Daniel…despite what some people think!
Date dead line 100% Court of Final Appeal in Hong Kong.and finish court Tomorrow ???
Ian – read the article. Answers your question…
Thank you Dan. The way you broke Pannu on this very website will live long in the memory.
Dan do you think that if E&Y do make an announcement this week they’ll reveal the date of the EGM?.
Nope.
There will always things to report and let’s all hope positive vibes coming from our new owners , we are all grateful for your hard work Dan _!_KRO
Thanks for the updates. Great job! Things seem to be progressing and dont close the site. Enjoy the normal day to day of running the club thoughts you have to.
Maybe you could bring a book out on behalf of the vile Dan… ” morecuts & nocups ” springs to mind … Bring it on !! KRO
Oh Dave pass the sellotape my sides are splitting.lmfao
If the announcement is today whilst I am not expecting to much information I am hoping that we might get a time scale of what they think things will happen like when they expect to get the notices for the egm sent out, even a rough indication will be good.
What do you mean DAN your closing the site , You can’t do that , this site is the best blues site their is , besides when the new owners come in we are going to need the site to stop us from thinking were the three wise monkeys ,
I don’t think he said he was William, maybe a bit of sarcasm involved to Andrews comment I think ! KRO
Cheers Dan.
No HKSE announcement today, by the looks of things. 4pm passed and nothing on the ticker that I can see.
The “Special Deal” still needs to be ratified at the EGM. Fingers crossed.
Cheers for that Dave, I am a bit slow on the uptake today ..KRO
Dan hopefully soon you’ll be able to talk about that strange stuff associated with a football side,football!!! Its been a long distraction and i’m sure we will all be happy to read about the actual team more than the ownership.
I do talk about football… a lot. Just not in this particular article.
Did you see an announcement Dan?
I looked on your link, but couldn’t find anything from BIHL….
No, cos there wasn’t one ;)
Hoping its soon done so we can push on with take over
Dan u are the best for this news.
Have i missed it,but wasn’t Pannu supposed to confirm he no longer had any ties with BCFC Ladies ?
You did miss it. That was part of his deal.
Carson not the only one in court day Daniel lol i believe messi in court today, will he get 10 years or walk away like Mascherano….will the big money talk
Dan, is it a black mark from the stock exchange against bihl if no announcement today?
I don’t think so. I think they’ve got 30 days from the Pannu announcement.
Thanks for reply
So it’s a maximum of 30 days between announcements? I thought it might be that they have told the HKSE they have a ‘major’ one to announcement and want to wait for that one