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Li Zhiying's fraudulent science and technology park executive director was imprisoned for 21 months. The judge is now reading out Lai's sentence

2022-12-10T03:03:25.919Z


When the founder of Next Media, Li Zhiying, rented land from the technicians to set up the Apple building, he involved a consulting company that managed his family affairs to set up an office in the building, but did not declare. Li and the former CEO of Next Media were arrested earlier.


When the founder of Next Media, Li Zhiying, rented land from the technicians to set up the Apple building, he involved a consulting company that managed his family affairs to set up an office in the building, but did not declare. Li and the former CEO of Next Media were arrested earlier. The case was convicted of fraud and the case was sentenced in the District Court today (10th). Huang Weiqiang, the executive director of One Group, was sentenced to 21 months in prison. The judge is now sentencing Li Zhiying.


The prosecution said earlier that it would apply to Li for a confiscation order, and the judge has scheduled it to be processed on January 27 next year.

Lai accused of defrauding Science and Technology Park for breach of lease

Two defendants: Li Zhiying (74 years old) and Huang Weiqiang (60 years old).

The two were charged with one count of fraud, alleging that they and Zhou Daquan concealed the Hong Kong Science and Technology Park Corporation from January 2016 to May 2020, violating the lease signed with the Science and Technology Park in May 1999; From April to December 2015, the premises were not used in accordance with the proposal plan and lease agreement with the Science Park in October 1995; benefited Apple Daily Printing Co., Ltd. and Lego Consulting Co., Ltd.; and caused the Science Park The company is not good.

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Apple Building is only used for publishing and printing

The facts of the case are that Apple Printing Co., Ltd. (formerly known as Next Media Printing Co., Ltd.) signed a lease with the Science and Technology Park Company in 1999, specifying that the use of the land is limited to publishing and printing newspapers and magazines.

However, Lego, the company involved in the case, had been operating in the Apple Building as early as 1998, and used this as its registered address.

Lego provides secretarial services to Lai and his family

Li Gao has Li and his son as directors. The company mainly provides them with secretarial services, insurance, renting and managing the Kadoorie residence of Li and his family, and managing the three yachts of Li.

However, Apple Printing has never applied to the Science and Technology Park Company, and has always allowed Lego to occupy the building.

Personnel from the Science and Technology Park inspected the building. Apple employees said that there were news-sensitive materials in some areas, and the inspectors were not allowed to enter. These places included Lego's office.

Li Zhiying was accused of using the Apple Building to set up an office for a company that handles his family's business, and was accused of defrauding the Science and Technology Park.

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If you rent another office, the annual cost will reach several million

The prosecution pointed out that if Ligo wanted to rent another office, it would cost RMB 5.92 million to RMB 7.68 million in rent.

If the Science and Technology Park Corporation exercises its rights under the lease, it may receive a land premium of 110 million yuan.

The Science and Technology Park Corporation learned from the media that Redco was occupying the building, which was suspected of violating the lease. In March 2020, it wrote to Apple Printing to request clarification. Apple replied the next month that Redco used the office as its registered address, but did not occupy the space.

Huang Zeng assisted in transferring Lego to another address

According to the emails between Zhou Daquan, former CEO of Next Media, Huang Weiqiang, and Mark Simon, the general manager of Lego, some staff members pointed out that the actual operating address is not important, because the science and technology park will not know, and suggested changing the registered address.

Zhou once said in an email that "The arrangement is a sham (arrangement is a scam), and Mark Simon agreed that it was not worth the risk. Huang then transferred Lego's registered address to another place, and Lego's office was also closed in May of the same year. , moved to Kwun Tong.

The judge pointed out in the ruling that Li Zhiying concealed and made false statements at the time, so that Apple Printing could get rent, and Lego could also operate in the building at a low rent. Huang once assisted Li in concealing it, so both of them were convicted.

Case number: DCCC 349/2021

Li Zhiying case|Zhou Daquan, a former senior executive of Next Media, may again testify against Li Guan, saying that Li Zhiying is involuntary in Jianghu Jimmy Lai's Fraud Case Was Established in an Apple Building and Undeclared Charges | Former Executives Admit Lego Company Involved in the Case Provided Logistical Services for Jimmy Lai's Fraud Case The administrative director charged in the fraud case was only responsible for general cleaning and flower delivery. Jimmy Lai’s son received a monthly subsidy of 150,000 yuan in the fraud case, which was a high-level business expense. Lai decides to change Ligao's address. Li Zhiying's fraud case taints. Witness accuses Lai's company of occupying the building. There is a rent-paying officer: Junzhen Li Zhiying is involved in fraud. Technology Park asked whether the Apple building violated the contract. One Media's executives faltered

Source: hk1

All news articles on 2022-12-10

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