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Hong Kong threatens to jail HSBC bankers handling Jimmy Lai's accounts The Apple Daily owner has emerged as one of the highest profile targets of the territory's new national security law Jimmy Lai could face up to seven years in jail Credit: ANTHONY WALLACE /AFP Hong Kong's security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank this month threatening up to seven years' jail for any dealings with the billionaire's accounts in the city, according to documents seen by Reuters. The letters, signed by Secretary for Security John Lee, were sent to Mr Lai after th...

Thursday 27 May 2021 10:59 am Hong Kong HSBC and Citibank bankers threatened with prison if they deal with billionaire Jimmy Lai's accounts Despite the turbulent politics, shares in Next Digital soared an eyewatering 330 per cent when it resumed trading today after authorities last week froze Lai’s 71.26 per cent stake – worth $45m at the time. (Getty Images) Hong Kong HSBC and Citibank branches have been sent letters by the city’s security chief over billionaire media tycoon Jimmy Lai’s accounts – threatening up to seven years in prison, according to Reuter...

Hong Kong's security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank this month threatening up to seven years' jail for any dealings with the billionaire's accounts in the city, according to documents seen by Reuters.