Updated: 03/07/2014 16:32 | By Agence France-Presse

Birmingham's Yeung jailed for six years for money laundering

Hong Kong businessman and Birmingham City owner Carson Yeung was on Friday sentenced to six years in jail for laundering HK$720 million ($93 million).


Birmingham's Yeung jailed for six years for money laundering

Birmingham City owner Carson Yeung, seen here leaving a Hong Kong court on 29 April 2013, has been sentenced to six years in jail for laundering $93 million - by Philippe Lopez

Judge Douglas Yau handed down the sentence in the southern Chinese city's district court after convicting the 54-year-old of five charges of money laundering on Monday.

"The sentence must include an element of deterrence to discourage those who are in a position to exploit the system," the judge said. 

"The law will come down on them with full force," he told  a courtroom packed with reporters. 

"Maintaining the integrity of the banking system is of paramount importance if Hong Kong is to remain an international finance centre," Yau added.

Hong Kong police investigator Yu Yin-ching said outside court that she was "happy" with the outcome of the case, which started in 2008.

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