Often Partisan

The Carson Trial – Day 8

More security firms were called to the witness stand in the eighth day of hearings of the  ongoing trial of Carson Yeung on five counts of money laundering.

Wen Wei Po reports that the Prosecution called Tang Sui-kei, of Guotai Junan Securities to the witness stand, to testify about Carson’s account activities with that firm. Tang confirmed that Carson opened an account with his firm in September 2001, and that at the time of opening the account Carson told the company that he had an annual salary of HKD1million (circa £84,000). Tang also confirmed to the court on cross-examination that Carson traded over HKD100mil (circa£8.4mil) of volume through the accounts in 2001-2, and that the firm wouldn’t have paid Carson his profits in cash but in a crossed cheque made payable to Carson only.

There was also a statement read out from Lippo Securities which outlined massive amounts of money held by Carson in accounts there. This came in stark contrast to tax records that showed Carson declared zero income between 1999 and 2003.

The case has been adjourned until 9:30 am, Monday 20th May (2:30am BST).

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38 Responses to “The Carson Trial – Day 8”

  • Bluehobba says:

    When this is all over, do you think you should write a book on this. Might become a best seller

  • bluearmyfaction says:

    One thing that is bothering me. What checks were all these companies doing on the sources of the money Yeung was paying in? If Tang Securities knew Yeung was getting £80k p.a., did Tang Securities not ask “how come you can suddenly pay in ten times your income?”

    That might be fertile cross-exam ground. I.e. they knew the source behind Yeung was bona fide, or else they would have reported matters to the rozzers.

  • dazabcfc says:

    CY sure used a lot of security firms! Rely on your updates and can’t wait for day 25 update. Great work, kro

  • blueblue says:

    If CY is found guilty and receives a custodial sentence and other financials punishments, what would be the implications for BCFC?

    • almajir says:

      Spoken about this before.

      If Carson is found guilty, he’s basically got to go – from both BIH and BCFC.

      • prewarblue says:

        So “Poision Pete”, in charge of B.I.H and BCFC hasnt happened ?,,,,,Yeung in effect has already been removed from both

        • almajir says:

          Not at all.

          Everything Pannu has done has been signed off by the boss.

          • Chris Smith says:

            But how much of the signing off has been influenced by PP? TBH I think that is the real question. I do have to wonder who is really working for who.

      • Paul Carter -Poster of the year 2013 he says:

        Transferring his shareholding to his son no doubt?

  • AndyP says:

    Great news ,we will have new owners by the time we’ve colonised mars

  • tony says:

    if you write a book then get pannu to consult on it .Being the law abiding honest person that he is then i’m sure he’d do a book signing charging us for his scrawl.

  • BhamCityJulian says:

    Why not say his monies are gambling winnings? No paper trail and no taxes due.

  • OzzyBlue says:

    Can we have a competition for title of Almajir’s upcoming book?
    YEUNG AND RESTLESS
    THE CLUB THAT WENT DOWN THE PANNU

    any more?

    • ChrisG says:

      I’m impounding your car son????!!!!

    • prewarblue says:

      The Rise and Fall of the {“Yeung”] Roamin Empire !! ,,,,,,[roamin because its been everywhere ]

      • prewarblue says:

        The MisAdventures of “Yeung” Baron Von Munchausen ,,,[The Worlds Greatest Fantasist]
        The Trials and Tribulations of “Yeung” Don Quixote and his faithful companion “Pancho {Poison} Pannu”

        My Part In the Downfall of Yeung [apology,s to Spike Milligan ]

    • DoctorD says:

      A YEUNG MAN’S GAME
      HAIRY MOMENTS
      FROM HONG KONG TO BORDESLEY GREEN
      PETER PANNU’S PEOPLE
      COURTING TROUBLE
      LIVING THE DREAM…SURVIVING THE DROP
      A LIFE OF LAUNDERING (ALLEGEDLY)
      KEEP RIGHT ON TO THE END OF THE DOCK

  • BhamCityJulian says:

    That reggae song Yeung, Guilty and Blue

  • Masaccio says:

    Brings to mind a chant, ‘you’re going down with yamyams, down with the yamyams’

  • Brian king says:

    Once again isn’t this about where the money’s come from and who’s it is.

  • Tony says:

    Carson down the Pann-u bend

  • nigel says:

    If cu goes down can he sell to pp for a song enabling him to hold to the reins

  • Andy says:

    Fantastic work AJ.

  • dave mann says:

    how about this for the title off your book dan!
    THE GOOD( lee clark)
    THE BAD( carson yeung)
    AND THE UGLY( peter pannu)
    just about sums up all three stars off the story to be honest.
    KRO.

  • John says:

    Yeung and Pannu
    The Story Of How 2 Men Screwed Over A Football Club And Its Loyal Fans

  • AndyP says:

    A book is good idea,we already have a tv series.FAWLTY TOWERS

  • Marky mark says:

    The book should be called

    The Hairdresser, the thief, the launderer and his puppet

  • Steve-0 says:

    Surely the name of the book should pay reference to a Chinese Laundry.


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