Home » Freezing of assets belonging to media tycoon Jimmy Lai not a press freedom issue, says Hong Kong security chief

Freezing of assets belonging to media tycoon Jimmy Lai not a press freedom issue, says Hong Kong security chief

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Hong Kong’s Security Secretary John Lee denied on Monday that he was cracking down on press freedom by freezing the assets of pro-democracy media tycoon Jimmy Lai, the first such action under the national security law.

Lee refused to say why he had “reasonable suspicion” to justify freezing Lai’s assets, but told a press briefing the decision was made after “full consideration of the information” he has.

Jimmy Lai. Photo: Studio Incendo.

Last Friday, the authorities froze all Next Digital shares held by Lai, who was the founder of the firm and pro-democracy newspaper Apple Daily. They also froze bank accounts belonging to three of his other companies.

Candice is a reporter at Hong Kong Free Press. She previously worked as a researcher at a local think tank. She has a BSocSc in Politics and International Relations from the University of Manchester and a MSc in International Political Economy from London School of Economics.

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