'Granting Jimmy Lai Bail Severely Hurts Rule Of Law'

"); jQuery("#212 h3").html("

"); });
2020-12-27 HKT 12:09
An article in the official People's Daily newspaper has criticised the High Court for granting Apple Daily founder Jimmy Lai bail, saying that has drastically hurt the city's rule of law.
The paper described Lai as a "serious offender" of the national security law, and questioned who would shoulder responsibility if he absconded or "continued to wreck Hong Kong".
The article added that Lai is an "extremely dangerous" person, and it is "beyond imagination" that he was released on bail.
It stressed that under the law, a judge should not grant bail unless he or she has very good reason to believe that the suspect won't continue endangering national security.
The newspaper also questioned whether Lai should be transferred into the central government’s jurisdiction, saying many of the media tycoon's past actions, such as publicly calling on overseas governments to sanction Hong Kong, warrant mainland intervention.
The High Court released the pro-democracy tycoon last Wednesday on a HK$10 million bail, under strict conditions which include a ban on leaving his home, giving interviews, meeting foreign officials or using social media.
Government prosecutors have reportedly filed for an appeal over his bail to the city's top court, and sources say the Court of Final Appeal is slated to hold a hearing on Thursday morning.
Lai is charged under the national security law with colluding with foreign powers, and faces a separate fraud charge in relation to his business use of Next Digital's headquarters in Tseung Kwan O.
Hong Kong Launches Smart Seniors Anti-Scam Ambassador Programme To Protect The Elderly
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) jointly organised the launch cere... Read more
Payment Connect Sees Active Participation In Cross-Boundary Remittances
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) officially launched Payment Connect on ... Read more
GoTyme Hong Kong Is Entering The Scene With Flexible Financing
GoTyme Hong Kong, which is part of the GoTyme Merchant Cash Advance (MCA) Asia business line under Tyme Group, announce... Read more
BGE Is Hong Kongs Latest Licensed Virtual Asset Trading Platform
Hong Kong BGE Limited (BGE) has secured its license to operate as a virtual asset trading platform (VATP) as of 17 June... Read more
China Backs Digital Yuan And Promotes Multi-Polar Currency System
The head of China’s central bank has promised to boost the global adoption of the digital yuan and called for the dev... Read more
JD Targets Stablecoin Licenses In Multiple Markets For Faster Payments
JD.com plans to secure stablecoin licenses in a series of major markets, founder Richard Liu announced at a Beijing pre... Read more