Hong Kong’s Security Bureau stated on Friday it has frozen property belonging to jailed media tycoon Jimmy Lai Chee-ying, within the first use of seizure powers granted to authorities beneath the nationwide safety legislation.
The property included all of the shares of Next Digital Limited held by Lai, and the property within the native financial institution accounts of three corporations owned by him, learn a authorities assertion is issued on behalf of the Security Bureau.
Lai was sentenced to 14 months in jail for participating in unauthorised assemblies throughout mass pro-democracy protests in 2019.
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