Sunday, February 28News That Matters

Tag: tycoon

Hong Kong multi-millionaire Jimmy Lai to seem ahead to bail verdict in nationwide security case By Reuters

Latest
© Reuters. Media multi-millionaire Jimmy Lai leaves the Court of Final Allure, in Hong KongHONG KONG (Reuters) – Hong Kong media multi-millionaire and Beijing critic Jimmy Lai, primarily the most excessive-profile particular person charged below the nationwide security regulations, will live in custody after town’s high court docket acknowledged it can possibly perchance direct its verdict on his bail application at a later date.Lai had been in custody since Dec. 3, with the exception of for when he become released on bail for roughly a week gradual last yr. He become granted a HK$10 million ($1.3 million) bail by a decrease court docket on Dec. 23 appropriate for the Court of Final Allure to lift him lend a hand into custody on Dec. 31 for one other listening to.His return to custody be...