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Hong Kong government seeks to seize millions from jailed activist Jimmy Lai
The filing covers 15 bank accounts and shares in 17 companies, including Next Digital, with assets estimated at more than HK$127 million.
- On Tuesday, the Hong Kong government applied to the High Court to forfeit HK$56.5 million and shares in 17 companies from former media boss Jimmy Lai Chee-ying, following his 20-year national security conviction.
- Lai, founder of the now-defunct Apple Daily, was sentenced in February after conviction for conspiracy to collude with foreign forces and sedition under the Beijing-imposed national security law.
- The government seeks to seize 15 bank accounts holding over HK$32 million, plus bail money and a 2 million Hong Kong dollars fine from Lai's previous 2022 fraud conviction.
- Presided over by judge Esther Toh, the High Court has summoned Lai to a hearing on July 8 to address the government's application to prevent convicts from using property to endanger security.
- While the government insists the case targets acts harming China, critics argue his conviction reflects declining press freedoms in the city, a former British colony returned to Chinese rule in 1997.
18 Articles
18 Articles
Hong Kong government seeks to seize $16 million from jailed tycoon Jimmy Lai
The Hong Kong government is attempting to seize more than HK$127 million ($16.22 million) from jailed media tycoon Jimmy Lai after the city's biggest national security case, according to a court document released on Tuesday.
Hong Kong gov’t applies to seize HK$127m of jailed media tycoon Jimmy Lai’s assets
The Hong Kong government is seeking to confiscate HK$127 million in assets belonging to pro-democracy media mogul Jimmy Lai, following his conviction and jail term under the national security law. Pro-democracy media mogul Jimmy Lai in 2020. Photo: HKFP. Lai has been summoned to the High Court on July 8 to hear the government’s application. The case will be presided over by Esther Toh, one of the three judges who heard his national security tria…
Associated Press News
Hong Kong government seeks to seize millions from jailed activist Jimmy Lai
The Hong Kong government is seeking to confiscate millions of dollars in funds and corporate shares it says are linked to crimes committed by jailed former media tycoon Jimmy Lai.
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