Saturday, 17 May 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > World > Hong Kong Tycoon Jimmy Lai Gets More Prison Time for Fraud
World

Hong Kong Tycoon Jimmy Lai Gets More Prison Time for Fraud

Enspirers | Editorial Board
Share
Hong Kong Tycoon Jimmy Lai Gets More Prison Time for Fraud
SHARE

(Bloomberg) — A Hong Kong court sentenced Jimmy Lai to five years and nine months in prison, local media reported, adding to the media mogul’s growing jail time as the city cracks down on high-profile dissidents.

Most Read from Bloomberg

The 75-year-old was sentenced by Judge Stanley Chan in the District Court on Saturday after he was convicted on two counts of fraud in October. He was also fined HK$2 million ($257,000) and is forbidden to work in management for any company for eight years, media including online news portal HK01 reported.

Lai pleaded not guilty to using the former headquarters of his Next Digital Ltd. media company for purposes not specified in the lease. Prosecutors said the activity benefited Lai’s now-defunct Apple Daily newspaper, which closed last year under pressure from the city’s China-drafted national security law.

“Illegal demonstration, fraud, national security crimes — the diversity of the charges against Jimmy Lai, and the staggering severity of the sentences imposed on him, show how desperate the Chinese regime is to silence this symbolic figure of press freedom in Hong Kong,” Cédric Alviani, East Asia bureau head for Reporters Without Borders, said in a statement Saturday.

He urged the international community to increase pressure on Beijing and Hong Kong to “secure Lai’s release alongside all other journalists and press freedom defenders detained in Hong Kong and in the Mainland.”

Court cases against Lai have fanned concern about press freedom in the once-freewheeling city. Several pro-democracy media outlets closed after the introduction of the security law, which has been used to jail much of the city’s political opposition. Hong Kong has fallen 68 places from a year earlier to No. 148 in Reporters Without Borders’ most recent World Press Freedom Index.

“Beijing’s elaborate criminal case against Jimmy Lai is a vendetta against a leading proponent of democracy and media freedom in Hong Kong,” Maya Wang, associate Asia director at international non-governmental organization Human Rights Watch, said in a statement Saturday. The authorities should free him immediately, she said.

Lai is already serving 20 months for his role in unauthorized assemblies during 2019 anti-government protests. The pro-democracy activist also faces charges under the national security law, including conspiracy to collude with foreign forces.

In November, six former Apple Daily executives and editorial writers pleaded guilty to national security law charges. The defendants face one count of conspiracy to commit collusion with a foreign country, and a second count of seeking to publish seditious publications under the colonial-era sedition law.

In September, Lai’s international lawyers called on Western governments to make his national security trial a greater foreign policy priority. Lai has been denied bail while awaiting trial.

–With assistance from Jeanny Yu.

(Updates with rights groups’ comments from fourth paragraph.)

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.

Share This Article
Twitter Email Copy Link Print
Previous Article Generators for Ukraine: Colorado Springs-led group acts to save citizens from deep-freeze Generators for Ukraine: Colorado Springs-led group acts to save citizens from deep-freeze
Next Article China Suspends Alcohol Imports From Taiwan as Tensions Mount China Suspends Alcohol Imports From Taiwan as Tensions Mount

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Despite dangerous pregnancy complications, abortions denied

Weeks after Roe v. Wade was overturned, Dr. Grace Ferguson treated a woman whose water…

By Enspirers | Editorial Board

WHO: World coronavirus cases fall 24%; deaths rise in Asia

LONDON (AP) — New coronavirus cases reported globally dropped nearly a quarter in the last…

By Enspirers | Editorial Board

Liz Truss Resigns as UK Prime Minister; Read Her Full Statement

(Bloomberg) -- I came into office at a time of great economic and international instability.…

By Enspirers | Editorial Board

‘Parentese’ Is Truly a Lingua Franca, Global Study Finds

We’ve all seen it, we’ve all cringed at it, we’ve all done it ourselves: talked…

By Enspirers | Editorial Board

You Might Also Like

Israel accused of ‘ethnic cleansing’ after greater than 140 killed in Gaza in final 24 hours
World

Israel accused of ‘ethnic cleansing’ after greater than 140 killed in Gaza in final 24 hours

By Enspirers | Editorial Board
Israel’s escalating assaults in Gaza ‘tantamount to ethnic cleansing’, UN human rights chief says – Center East disaster reside
World

Israel’s escalating assaults in Gaza ‘tantamount to ethnic cleansing’, UN human rights chief says – Center East disaster reside

By Enspirers | Editorial Board
Not lovin’ it: Australians enticed by premium rivals as McDonald’s data uncommon fall in gross sales
World

Not lovin’ it: Australians enticed by premium rivals as McDonald’s data uncommon fall in gross sales

By Enspirers | Editorial Board
Israel launches main offensive in Gaza after airstrikes that killed greater than 100
World

Israel launches main offensive in Gaza after airstrikes that killed greater than 100

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?