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Hong Kong Media Tycoon Jimmy Lai Sentenced to Jail Over Lease Violation

Started by Epoch-Times-Bot, Dec 10, 2022, 06:45 AM

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Epoch-Times-Bot

Dec 10, 2022, 06:45 AM
Hong Kong Media Tycoon Jimmy Lai Sentenced to Jail Over Lease Violation

Hong Kong’s pro-democracy media tycoon, Jimmy Lai, was sentenced to five years and nine months in jail for fraud after being convicted of breaching a lease contract for his newspaper’s headquarters.
Lai was found guilty of violating the terms of a lease for the headquarters of the now-defunct pro-democracy tabloid Apple Daily after concealing the operations of Dico Consultants Ltd. between April 1998 to May 2020.
The court disqualified Lai from being a company director for eight years and fined him HK$2 million ($256, 873).
It also sentenced was Wong Wai-keung, administrative director of Apple Daily’s parent company Next Digital, to 21 months for fraud. Both Lai and Wong pleaded not guilty to their charges....

Source: Hong Kong Media Tycoon Jimmy Lai Sentenced to Jail Over Lease Violation

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