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China·Human Rights·Democracy

Hong Kong court orders seizure of Jimmy Lai's HK$127 million in assets

Monday, 18 May 2026, 06:22 · 1 min read

A Hong Kong court has been asked to order the confiscation of at least HK$127 million (roughly US$16 million) in assets belonging to jailed media tycoon Jimmy Lai, founder of the now-defunct Apple Daily newspaper. The city's Secretary for Justice filed the application under Article 32 of the national security law, targeting 63 bank accounts, two bail deposits totalling HK$10 million, a HK$2 million fraud-case fine, and shares in 17 related companies. The case is scheduled for a hearing on 8 July, and marks one of the most significant asset forfeiture actions taken against a prominent democracy figure since Beijing imposed the national security law on Hong Kong in 2020.

Sources
The Initium4月香港法庭:港府入稟充公黎智英1.27億港元財產;47人案被告郭家麒遭醫委會永久除牌 ↗︎
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