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Jimmy Lai a Pro-democracy Media Tycoon, jailed for fraud in Hong Kong

by Dec 3, 2020News0 comments

Jimmy-Lai-a-Pro-democracy-Media-Tycoon-jailed-for-fraud-in-Hong-Kong
Jimmy-Lai-a-Pro-democracy-Media-Tycoon-jailed-for-fraud-in-Hong-Kong

Jimmy Lai a Pro-democracy Media Tycoon, jailed for fraud in Hong Kong. Hong Kong media tycoon, Jimmy Lai, was remanded into custody on Thursday December 3, after being charged with fraud over a charge relating to the illegal use of his company’s premises.

Lai is the owner of Hong Kong tabloid and founder of Next Digital Media which publishes Apple Daily. This well-read tabloid is frequently critical of Hong Kong and mainland Chinese leadership. He will be held on remand until his next court date in April next year.

 Pro-democracy Media Tycoon, Jimmy Lai jailed for fraud in Hong Kong?

He and two Next Digital Media executives were charged on Wednesday night when making a regular reporting appearance to police over their previous arrests in August under the national security law.

The executives, chief operating officer Royston Chow Tat-Kuen, and chief administrative officer Wong Wai-Keung were released on bail on Thursday, while Lai was denied bail because he was deemed an “absconding risk”, according to local reports.

 Pro-democracy Media Tycoon, Jimmy Lai jailed for fraud in Hong Kong?

The trio are accused of breaching land-lease terms by misusing Next Digital’s office space in Tseung Kwan O for other purposes.

It comes a day after three prominent pro-democracy activists, Joshua Wong, Agnes Chow, and Ivan Lam were jailed for their activism. Jimmy Lai a Pro-democracy Media Tycoon, jailed for fraud in Hong Kong. Here

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