Wednesday, January 20, 2021
Home World Hong Kong media tycoon Jimmy Lai's bail revoked, ordered back into custody

Hong Kong media tycoon Jimmy Lai’s bail revoked, ordered back into custody


#He was charged with fraud on #December 3 for allegedly violating the lease terms for office space for the #Next #Digital, the media company he founded. #He was later charged again on #December 12 under the sweeping national security law imposed by #Beijing on suspicion of colluding with foreign forces and endangering national security.

#Lai entered the #Court of #Final #Appeal without making any comments to supporters and media, many of whom swarmed the tycoon as he made his way into the courtroom. #His bail conditions included surrendering his travel documents and a ban on meeting with foreign officials, publishing articles on any media, posting on social media and giving interviews.

#Chinese state-owned newspaper #People’s #Daily posted a strongly worded commentary on #Sunday criticising the court for granting bail to #Lai, stating that it “severely hurt #Hong #Kong’s rule of law.”

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The #People’s #Daily said that it would not be difficult for #Lai to abscond, and called him “notorious and extremely dangerous.” #It also warned that #China could take over the case, according to #Article 55 of the national security law which states that #China can “exercise jurisdiction over a case concerning offence endangering national security.”

#Hong #Kong’s judiciary on #Tuesday uploaded a 19-page judgment on its website, laying out the reasons why #High #Court #Judge #Justice #Alex #Lee had granted #Lai bail. #Lee said that he was satisfied that there was no flight risk in #Lai’s case, and noted that #Lai was willing to have his movements monitored if it had been a feasible option.

#On #Tuesday, #Lai resigned as chairman and executive director of #Next #Digital, which runs the #Apple #Daily newspaper, according to a filing made to the #Hong #Kong stock exchange. #He did so “to spend more time dealing with this personal affairs” and confirmed that he had no disagreement with the board of directors, the filing said.

AP

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#At the end of each day, we’ll send you the most important breaking news headlines, evening entertainment ideas and a long read to enjoy.  #Sign up to The #Sydney #Morning #Herald’s newsletter here, The #Age’s here, #Brisbane #Times’ here, and WAtoday’s here.



[ source link ]
https://www.smh.com.au/world/asia/hong-kong-media-tycoon-jimmy-lai-s-bail-revoked-ordered-back-into-custody-20201231-p56r4b.html

##Hong ##Kong #media #tycoon ##Jimmy ##Lais #bail #revoked #ordered #custody

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