The Limited Times

Now you can see non-English news...

"Apple Daily" applies to unfreeze some assets to pay employees. Security Bureau: It will be dealt with in accordance with the law

2021-06-26T05:46:44.644Z


The Secretary for Security earlier cited the "National Security Law" to freeze the assets of three companies related to the "Apple Daily". Next Media stated that today (21st) it will write to the Security Bureau to apply for unfreezing part of the assets to pay employees’ salaries.


Social News

Author: Tao Jiaxin

2021-06-21 13:31

Last update date: 2021-06-21 13:42

The Secretary for Security earlier cited the "National Security Law" to freeze the assets of three companies related to the "Apple Daily".

Next Media stated that today (21st) it will write to the Security Bureau to apply to unfreeze some assets to pay employees' salaries. Once the application fails, it is expected to apply to the court to revoke the relevant freeze notice.

The Security Bureau stated that since the relevant case has entered legal proceedings, it will not comment on the details of the incident.

The Secretary for Security will handle applications related to frozen property in accordance with the law.

+2

+2

+2

The Security Bureau said, “Endangering national security is a very serious crime. We must deal with it in accordance with the law. The crime is targeted and the power to freeze crime-related property will be used as needed and the law. As the relevant case has entered legal procedures, We will not comment on the details of the incident. The Secretary for Security will handle applications related to frozen property in accordance with the law."

The Secretary for Security Li Jiachao earlier cited the National Security Act to freeze the assets of three companies related to Apple Daily, totaling 18 million yuan, and seven local banks were ordered not to deal with the assets of the accounts of the three companies.

The police warned anyone not to dispose of frozen assets. Violation of the order could result in imprisonment. They also warned that anyone, company or subsidiary who assists in the operation of "Apple" may violate the national security law at any time.

According to reports, "Apple Daily" decided today whether to suspend publication and some employees have planned to leave

Bloomberg quoted news: "Apple Daily" funds only enough to run for a few weeks, intends to borrow Taiwan business crowdfunding

Search One Media | "Apple Daily" printed to 500,000 copies of newspapers sold 20 times more and still swept away

[Pictures] "Apple Daily" published as usual plus printed to 500,000 copies of citizens queuing to buy in the early morning

"Apple Daily" Frozen Assets Arrested by Executive Director of Next Media Lin Zhiyuan: Operational Impact is Greater

01News

Apple Daily One Media Hong Kong Edition National Security Law

Source: hk1

All news articles on 2021-06-26

You may like

Trends 24h

News/Politics 2024-03-28T06:04:53.137Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.