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Hong Kong authorities freeze Jimmy Lai s assets worth HKD 500 million ANI | Updated: May 15, 2021 05:15 IST Hong Kong, May 15 (ANI): Hong Kong authorities have frozen nearly HKD 500 million of imprisoned media tycoon Jimmy Lai s assets under the draconian national security law. Issuing a statement on Friday night, the Hong Kong government announced that the secretary for security had ordered Lai s shares in the Next Digital media company to be frozen, along with assets in the local bank accounts of three companies he owned, reported South China Morning Post (SCMP). Although the statement did not specify the amount, it mentioned that the security minister had the authority to take such action if there are reasonable grounds to suspect that people charged with national security offences held offence-related property .

Hong kongUnited kingdomJimmy laiEuropean unionApple dailyHong kong journalists associationNext digitalSouth china morning postChris yeung kin hingMedia tycoonJimmy laiAssets frozenNational security lawஹாங் காங்ஒன்றுபட்டது கிஂக்டம்ஜிம்மி லாய்