Fraud charge: Hong Kong pro-democracy media tycoon Jimmy Lai sentenced to 69 months in prison
Hong Kong: A Hong Kong court has sentenced media moghul Jimmy Lai to five years and nine months in prison for fraud, media reports said on Saturday.
Lai was found to have breached the terms of lease for the headquarters of his now defunct Apple Daily newspaper after concealing the operation of a consultancy that provided corporate secretarial services to private firms Lai controlled, reports CNN.
Lai has also been fined 2 million Hong Kong dollars ($257,000).
He has been disqualified as a company director for eight years.
Wong Wai Keung, the director of administration of Apple Daily’s parent company Next Digital and a co-defendant, was sentenced to 21 months in jail, the American news channel reported.
The same court had convicted the duo in October.
Both had pleaded not guilty.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
'We got our a**es handed to us!': Vivek Ramaswamy’s blunt message after Democrats' sweep
Republican leader Vivek Ramaswamy has delivered a blunt message to his party after Democrats swept key races in New York City, New Jersey, and Virginia, including Zohran Mamdani’s historic victory as mayor of New York City.
Yunus govt bows to Islamist pressure, music and physical education axed from Bangladesh schools
Dhaka/IBNS: Bowing down to the Islamists, the Yunus government in Bangladesh has scrapped the posts of music and physical education teachers in government primary schools, media reports said.
Bangladesh temporarily blocks controversial preacher Zakir Naik’s visit ahead of elections. Here’s why?
Bangladesh has temporarily barred Indian-born Islamic preacher Zakir Naik from entering the country amid discussions over a possible visit later this month, local media reported on Tuesday.
New York elects Zohran Mamdani as next Mayor: Congress MP Shashi Tharoor’s reaction breaks the internet
Congress MP Shashi Tharoor on Wednesday congratulated India-American Zohran Mamdani over his 'spectacular' victory in the New York Mayor election.
Latest News
Over 3.75 crore voters to decide fate of 121 Bihar seats in first phase today
PM Modi honours Women’s World Cup champions at his New Delhi residence
‘From champions to NAMO’: Indian women’s cricket team’s special gift for PM Modi
From fireballs to a supermoon: November’s night sky promises a cosmic treat