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Hong Kong media tycoon Jimmy Lai in custody after fraud charge

Prime News, International, Media, Fraud, Hong Kong, December 3:- 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 since Beijing circumvented the local legislature and imposed sweeping national security legislation on the global financial centre on June 30.

While Lai’s fraud charge did not fall under the national security law, it marks the latest crackdown on pro-democracy figures in the former British colony, which was handed back to Beijing in 1997 with a promise to maintain the free-wheeling city’s way of life for 50 years.

Critics say the law crushes freedoms in the global financial centre, while supporters say it will bring stability after prolonged anti-China, pro-democracy protests last year.

On Wednesday, one of Hong Kong’s most prominent democracy activists Joshua Wong was jailed for more than 13 months for his role in an unlawful anti-government rally in 2019, the toughest and most high-profile sentencing of an opposition figure this year. (MR, Inputs: Agencies)

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