Often Partisan

Carson Yeung – specific allegations made in Chinese Media

Post written at 23:00 BST 30/06/11

Some further details of the allegations against Carson Yeung have now come out in the newspapers in China; whilst I have seen some outlines here in the UK I’ve not seen specifics and thus I thought it worthy of an update.

Ming Pao have published this article, in which they discuss some of the evidence that Carson has been confronted with. The crux of it is that between 2001 and 2007 Carson Yeung reported only HK$1.65mil (roughly £130,000) in income, yet HK$748million (roughly £60million) went through five accounts held by him and his father. As you can imagine, the taxman isn’t happy.

Furthermore, in Oriental Daily, it is revealed that the three accounts in Carson’s name had HK$632mil (roughly £50.5mil) deposited of which HK$85mil (approx £6.8mil) was in cash. There is concern from the police department as to where this money has come from. His dad has gone back to the Mainland (ie PR China) and hasn’t returned to HK; Carson has been bailed and will have to report to the police station three times a week; has surrendered his passport and will be resident at his mansion at 31B Barker Road, on the peak.

As more becomes available, I will update further.

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