Hong Kong officials said on Friday they had frozen the assets of pro-democracy press boss Jimmy Lai, including his media stakes, for violating national security law.
The wealthy Hong Kong press tycoon Jimmy Lai, sentenced on Friday to terms that will earn him 14 months in prison, has for decades been a staunch supporter of the democracy movement hated by Beijing.
Read also: Hong Kong: Jimmy Lai indicted under the National Security Act
The Security Bureau, installed in 2020 in Hong Kong as part of a new security law imposed by Beijing, said it had given the order to freeze the assets of Jimmy Lai in the media group Next Digital, as well as "
Ownership of accounts in local banks of three companies that he owns
".