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Thursday, June 30, 2011

Birmingham Chairman arrested suspicion of money laundering

Hong Kong businessman & Birmingham Chairman Carson Yeung
Carson Yeung, Birmingham City's president and largest single shareholder, has been arrested in Hong Kong on money laundering charges.   He will appear in court later today.   A statement issued by Birmingham City has emphasised that the charges have nothing to do with the club's holding company.   Nevertheless, they clearly have implications for the orderly running of the club if the matter is not cleared up soon.

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