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Who is Jimmy Lai ( Hong Kong media tycoon is in prison after being accused of fraud ) Wiki, Bio, Age, Crime, Details, Investigations and More Facts

Jimmy Lai

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On Thursday, Hong Kong media tycoon and democracy activist Jimmy Lai was denied bail for fraud on the rent of a building that houses his anti-government tabloid Apple Daily

Authorities have tightened the crackdown on opposition parameters in the China-led city since Beijing bypassed local law and introduced global global security laws in the global financial center on June 30.

Although Lai’s fraud allegations weren’t included in the National Security Act, it marks the latest crackdown on pro-democracy figures in the former British colony that returned to Beijing in 1997 with a promise to keep the style. of free city life. for 50 years.

Critics say the law will destroy freedoms in the global financial center, while its supporters say it will bring stability after protests against China and democracy last year.

One of Hong Kong’s top democratic activists, Joshua Wong, was jailed for more than 13 months for his role in an illegal anti-government demonstration in 2019, the heaviest and best-known sentence of any person on Wednesday, for more than 13 months. that year.

Lai, 71, and two Next Digital executives were accused Wednesday of hiding and misrepresenting the use of his office by its owner, a state-owned company founded by the Hong Kong government.

The fees indicated that they had not used the office space allowed in the lease between 2016 and 2020 and had sublet some of the space, generating profits for Apple Daily.

Reuters failed to get Lai or his lawyers to comment immediately. Next Digital ceased operations Thursday morning pending an “inside information” announcement.

“It is about defaming Jimmy. It is the Beijing police who have been taken to Hong Kong,” Lai partner Mark Simon told Reuters.

Lai, a fervent critic from Beijing, has been arrested since Wednesday after he reported his arrest to police in August. According to local media, prosecutors have asked for the case to be postponed to April next year.

In August, Lai was arrested after around 200 police officers rushed to his desks. Hong Kong police later claimed they had arrested nine men and one woman for alleged crimes, including “collusion with a foreign country / outside element to compromise national security, conspiracy to fraud” and others.

Suspicion of collusion with foreign armed forces leads to a maximum sentence of life imprisonment under the new security law.

Lai was a frequent visitor to Washington, where he met with officials, including Secretary of State Mike Pompeo, to garner support for democracy in Hong Kong, which led to Beijing labeling him a “traitor”. .

The security law was introduced on June 30 and punishes anything China considers subversion, secession, terrorism or collusion with foreign forces up to life imprisonment.