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World Hong Kong Tycoon Jimmy Lai Denied Bail in Ongoing Crack Down

15:45  03 december  2020
15:45  03 december  2020 Source:   bloomberg.com

Hong Kong protester gets 21 months in prison for throwing eggs as city's judiciary comes under pressure to take hard line

  Hong Kong protester gets 21 months in prison for throwing eggs as city's judiciary comes under pressure to take hard line A 31-year-old man has been jailed for 21 months for throwing eggs at a police station, the latest tough sentence handed down by a Hong Kong court as the authorities move to clamp down on political dissent in the Chinese territory. © Paula Bronstein/Getty Images AsiaPac/Getty Images HONG KONG - JUNE 21 : A man holds eggs in his hand to throw at the police as thousands of protesters surround the police headquarter in Hong Kong on June 21, 2019.

The Hong Kong business tycoon Jimmy Lai has been arrested along with other pro-democracy and media figures, raising fears of a broad crackdown by China. Mr Lai 's Apple Daily newspaper offices were raided on Monday over allegations of collusion with foreign forces. His case is the most

Hong Kong media tycoon and a prominent democracy advocate Jimmy Lai , who has He was given police bail and TV footage showed him leaving the police station shortly after the briefing. Hong Kong Protests Fuel Media Tycoon ’s Turnaround Plan. Still, elder Hong Kong democracy advocates

(Bloomberg) -- Jimmy Lai was denied bail on new charges related to an August arrest under a China-drafted security law, potentially keeping the Next Digital Ltd. founder behind bars for months as he fights the allegations.

Lai, 73, was ordered to remain in custody pending further proceedings, according to Mark Simon, an aide to the media tycoon. Two other Next Media executives who were charged alongside Lai were released on bail, Simon said. Judge Victor So Wai-tak, of the West Kowloon Magistrates’ Courts, adjourned the case until April 16, Next Media’s Apple Daily newspaper reported.

a man standing in front of a cage: Hong Kong Media Mogul Jimmy Lai Denied Bail in Fraud Case © Bloomberg Hong Kong Media Mogul Jimmy Lai Denied Bail in Fraud Case

Jimmy Lai arrives at the Lai Chi Kok Reception Center in Hong Kong on Dec. 3.

Anger Grows at Hong Kong’s Erratic Covid Rules as Cases Jump

  Anger Grows at Hong Kong’s Erratic Covid Rules as Cases Jump As Hong Kong battles a new wave of coronavirus infections with yet another round of social restrictions, a sense of fatigue with the confusing and inconsistent nature of the city’s pandemic response is setting in among business-owners and residents. Though the Asian financial center has thus far been relatively unscathed -- total Covid-19 cases amounting to just around 90 cases per 100,000 people out of a densely packed 7 million population -- the city has encountered more waves than most other places and is entering its fourth round of stop-start restrictions.

HONG KONG — Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai was refused bail on Thursday on a fraud charge amid a growing crackdown on dissent in the semi-autonomous city. Jimmy Lai of Next Digital, which publishes the Apple Daily newspaper, was among

Outspoken Hong Kong media tycoon Jimmy Lai denied bail after being charged with fraud amid crackdown on dissent. By Associated Press.

Photographer: Billy H.C. Kwok/Bloomberg

The ruling means Lai, whose support for Hong Kong democracy has caused China to dub him a “black hand” working for foreign forces, could remain in jail for the foreseeable future. Lai will seek to appeal the bail decision, Simon said.

Lai wasn’t immediately charged with potentially more serious allegations of foreign collusion under the security law, which in August prompted his arrest and a dramatic raid of the Apple Daily’s newsroom. In an interview with Bloomberg News on Tuesday, Lai said he was “preparing for the worst.”

“The more danger I am in, the more effectively I can draw the attention of the world to Hong Kong,” he said.

Lai and his fellow executives were charged with violating the lease terms of the office park housing Next Digital’s headquarters by basing a family office there to manage his personal finances. Simon said the charges appeared to be an attempt to criminalize a commercial dispute.

Hong Kong media tycoon Jimmy Lai denied bail on fraud charge

  Hong Kong media tycoon Jimmy Lai denied bail on fraud charge Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai was refused bail on Thursday on a fraud charge amid a growing crackdown on dissent in the semi-autonomous city. © Provided by Associated Press In this Thursday, Oct. 15, 2020 photo, Jimmy Lai arrives at a court in Hong Kong. Jimmy Lai, the pro-democracy Hong Kong media tycoon who was arrested during a crackdown on dissent was charged Wednesday Dec. 2, 2020, with fraud but no national security offenses, two newspapers reported. Jimmy Lai of Next Digital, which owns the Apple Daily newspaper, was among 10 people arrested Aug.

Jimmy Lai , the Hong Kong media tycoon and pro-democracy activist whose Apple Daily newspaper was raided by police earlier this year, has been denied bail after being charged with fraud. Lai – the owner of Hong Kong tabloid and founder of Next Digital Media – will be held on remand until his next

Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai has been refused bail a fraud charge amid a growing crackdown on dissent in the semi-autonomous city. Jimmy Lai of Next Digital, which publishes the Apple Daily newspaper, was among 10 people arrested on August 10 on

The judge who presided over Lai’s hearing, So, is one of six designated by Chief Executive Carrie Lam to handle national security cases, under a provision of the law that rights lawyers said undermines judicial independence in the former British colony. His arrest comes a day after another prominent activist, Joshua Wong, was sentenced to more than a year in prison for leading a protest outside of police headquarters last year.

a person wearing a mask: Activists Joshua Wong Appears In Court For Sentencing After Guilty Plea in Protest Case © Bloomberg Activists Joshua Wong Appears In Court For Sentencing After Guilty Plea in Protest Case

Joshua Wong on Dec. 2.

Photographer: Paul Yeung/Bloomberg

China’s crackdown on Hong Kong dissent has prompted international condemnation, and the U.S. has hit Lam and several other officials responsible for the city with sanctions. Earlier this week, Lam said she was collecting “piles of cash” at home because the financial measures were barring her from basic banking services.

Pompeo Decries Hong Kong ‘Persecution’ as Activists Head to Jail

  Pompeo Decries Hong Kong ‘Persecution’ as Activists Head to Jail U.S. Secretary of State Michael Pompeo accused Hong Kong of using the courts to engage in “political persecution” after prominent activists were detained and a former opposition lawmaker fled to Europe. Pompeo said in a statement Thursday that the decisions to sentence activists including Joshua Wong to jail while denying bail to billionaire media mogul Jimmy Lai violated fundamental rights guaranteed by the treaty allowing the former British colony’s return to China in 1997. He said the U.S. would work with its allies to defend such freedoms, something the incoming administration of Joe Biden has also pledged to do.

Hong Kong media tycoon and pro-democracy activist Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his Apple Daily, an anti-government tabloid. Authorities have intensified a crackdown on key opposition figures in the Chinese-ruled city

Hong Kong – Hong Kong pro-democracy media mogul Jimmy Lai walked free on bail Wednesday, over 40 hours after he and other critics of China were “We’re going to respond in real ways,” Pompeo later promised in an interview with Newsmax. The United States has already imposed sanctions on a

For more on Hong Kong:
The End of a Wonderful Friendship and the Beginning of Trade WoesHong Kong Activist Joshua Wong Jailed 13.5 Months Over ProtestWhat Are the New Laws China Has Passed for Hong Kong?: QuickTakeChinese Crackdown Isn’t Chilling Hong Kong’s Hot Financial Core

Hong Kong authorities have moved quickly to employ the sweeping legislation, which carries sentences as long as life in prison, since it was imposed by China without local debate in June. The police unit tasked with enforcing the measure has so far arrested 32 people, most for allegations related to slogans, banners or internet posts deemed to be secessionist or seditious.

Lai said Tuesday that he had no intention to leave Hong Kong and that police had already confiscated his passport. The security law allows courts to deny bail before trial because defendants may “continue to commit acts endangering national security,” a power that could clash with the presumption of innocence in the city’s Common Law tradition.

Shares of Next Digital were halted from trading in Hong Kong on Thursday. They’ve been on a roller-coaster ride in 2020, hitting record lows and 12-year highs. They last traded at HK$0.23, down 10% for the year.

The Wan Chai connection: The Washington-accused drug lords, gun runners and dictators' financiers tied to one Hong Kong district

  The Wan Chai connection: The Washington-accused drug lords, gun runners and dictators' financiers tied to one Hong Kong district The Hong Kong neighborhood of Wan Chai may be home to the most eclectic and densest concentration of US-sanctioned enterprises anywhere on the planet. © Getty Images In less space than a square mile, you've got offices tied to: an alleged financier for Hezbollah, the Lebanese militant group; an individual accused of helping Iran acquire millions of dollars of military equipment in violation of US sanctions; a man accused of helping Venezuelan President Nicolas Maduro plunder his country's resources; and a company that allegedly opened a bank in North Korea in violation of United Nations Security Council

Separately, a sedition case against another Hong Kong activist, Tam Tak-chi, was transferred Tuesday to a designated security law judge, broadcaster Now TV reported, even though he hasn’t been charged under the measure. The ruling suggests that Hong Kong authorities may seek to apply the law more broadly than the four activities criminalized by the law: secession, subversion, terrorism and foreign collusion.

And former Hong Kong legislator Ted Hui, among those arrested last month in connection with a disruptive protest in the legislative chamber in May, declared himself to be in exile while traveling in Denmark this week. In a statement Thursday on his Facebook page, Hui said he had resigned from his political party and would focus on broadening international support for the embattled pro-democracy movement.

(Updates in new final graf with Ted Hui saying he’s going into exile)

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©2020 Bloomberg L.P.

Hong Kong media mogul Jimmy Lai charged under national security law .
Hong Kong's Jimmy Lai has been charged under China's new national security law for the city. © Provided by Washington Examiner Police said on Friday that the media tycoon had been charged with colluding with foreign forces. Specific details of the allegations against Lai have yet to be released. Lai is the founder of Apple Daily, a popular anti-government newspaper in Hong Kong. He was arrested earlier this month on fraud charges for which he was denied bail. Depending on how severe the court determines Lai's collusion offense was, he could face up to life in a Chinese prison.

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