#Regime #Court #PoliticalSuppression
HK Authorities Freeze #JimmyLai's assets under #NationalSecurityLaw
On the evening of May 14, 2021, the Hong Kong government has frozen Apple Daily founder Jimmy Lai's personal assets under the national security law. This is the first time the authorities exercise this power, since the national security law was directly imposed by Beijing on Hong Kong without passing through the city's legislature in June 2020.
Lai is currently serving a 14-month sentence after being convicted of taking part in "unauthorised assemblies" during the pro-democracy movement in August 2019.
In a press release, the Security Bureau said Lai's shares of Next Digital Limited (282) and assets of three companies in local banks were all frozen. The value of the property frozen was not disclosed.
Apple Daily said Lai holds a 71 percent stake in #NextDigital, but the incident does not involve the account of Next Digital and the finances of #AppleDaily.
Whereas Article 6 of Hong Kong Basic Law indicates that the Hong Kong SAR government "protect the right of private ownership of property in accordance with law", the Security Bureau cited Article 43 of the national security law, claiming that “relevant persons and organisations must not, directly or indirectly, deal with certain property which is reasonably suspected to be related to offences endangering national security”.
Moreover, the Secretary for Security has the power to order police officers to seize property if he suspects it may be removed from Hong Kong.
Source: InMedia #May14
https://bit.ly/3uOXvnh
#PoliticalPrisoner #FrozenAsset #Confiscation #Economy #FailedState
HK Authorities Freeze #JimmyLai's assets under #NationalSecurityLaw
On the evening of May 14, 2021, the Hong Kong government has frozen Apple Daily founder Jimmy Lai's personal assets under the national security law. This is the first time the authorities exercise this power, since the national security law was directly imposed by Beijing on Hong Kong without passing through the city's legislature in June 2020.
Lai is currently serving a 14-month sentence after being convicted of taking part in "unauthorised assemblies" during the pro-democracy movement in August 2019.
In a press release, the Security Bureau said Lai's shares of Next Digital Limited (282) and assets of three companies in local banks were all frozen. The value of the property frozen was not disclosed.
Apple Daily said Lai holds a 71 percent stake in #NextDigital, but the incident does not involve the account of Next Digital and the finances of #AppleDaily.
Whereas Article 6 of Hong Kong Basic Law indicates that the Hong Kong SAR government "protect the right of private ownership of property in accordance with law", the Security Bureau cited Article 43 of the national security law, claiming that “relevant persons and organisations must not, directly or indirectly, deal with certain property which is reasonably suspected to be related to offences endangering national security”.
Moreover, the Secretary for Security has the power to order police officers to seize property if he suspects it may be removed from Hong Kong.
Source: InMedia #May14
https://bit.ly/3uOXvnh
#PoliticalPrisoner #FrozenAsset #Confiscation #Economy #FailedState
The High Court orders confiscation of Spark Alliance's 70 million
The High Court ordered the confiscation of 70 million from Spark Alliance, an organisation that helped raise funds for activists arrested in the anti-ELAB movement. The police stated that since two involved parties escaped, they applied for a court order for the condiscation, which the judge approved because it was in line with the law.
Spark Alliance was formed in 2016 after the Mongkok riot. During the movement in 2019, they raised funds to support arrested activists' legal and daily life needs. The police arrested 4 people from this organsiation on 19 Dec 2019, accusing them of money laundering and froze around 70 million.
Source: Inmedia #Sep26
#SparkAlliance #HighCourt #Orders #Confiscation
https://bit.ly/3DVyRca
The High Court ordered the confiscation of 70 million from Spark Alliance, an organisation that helped raise funds for activists arrested in the anti-ELAB movement. The police stated that since two involved parties escaped, they applied for a court order for the condiscation, which the judge approved because it was in line with the law.
Spark Alliance was formed in 2016 after the Mongkok riot. During the movement in 2019, they raised funds to support arrested activists' legal and daily life needs. The police arrested 4 people from this organsiation on 19 Dec 2019, accusing them of money laundering and froze around 70 million.
Source: Inmedia #Sep26
#SparkAlliance #HighCourt #Orders #Confiscation
https://bit.ly/3DVyRca