Hong Kong Media Tycoon, Jimmy Lai, Charged with Fraud and Detained by Police

Hong Kong media tycoon and pro-democracy figure Jimmy Lai was taken into custody by Hong Kong police after he has been denied bail after being charged with fraud.

Hong Kong media tycoon and pro-democracy figure Jimmy Lai was taken into custody by Hong Kong police after he has been denied bail after being charged with fraud.

Lai was arrested Wednesday evening along with two other senior executives from his media company Next Digital, Royston Chow and Wong Wai-keung.

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

Hong Kong prosecutors said that the executives tried to defraud the publisher’s landlord by establishing a private office for Lai in the same building, a technical violation of Next Digital’s lease.

Mark Simon, Lai’s business aide said the issue was an ongoing commercial dispute that has been allegedly been “criminalized” by the authorities.

Lai was already arrested last August, under suspicion of breaching the national security law imposed by Beijing in June, while the Apple Daily offices were raided.

Lai’s arrest came after three prominent pro-democracy activists were jailed under Hong Kong’s new national security law. 


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