'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.
Ant Internationals Ant Bank And Bettr Selected For Hong Kongs GenAI Sandbox++
Digital bank Ant Bank and embedded financial solutions provider Bettr have been selected to participate in Hong Kong’... Read more
Visa And BOCHK Tapped For Hong Kong AI Sandbox To Test Agent-Initiated Commerce
Visa has announced that it is partnering with Bank of China (Hong Kong) (BOCHK) in the GenA.I. Sandbox++. With the Visa... Read more
Hong Kong Regulators Pick 36 Agentic AI Use Cases For GenA.I. Sandbox++
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more
Finloop And Yunfeng Financial Become Latest Anchorpoint Authorised Distributors
Finloop and Yunfeng Financial have joined Anchorpoint’s HKDAP stablecoin beta access programme as authorised distribu... Read more
Standard Chartered Becomes First Bank To Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dolla... Read more
Lianlian DigiTech Profit Doubles In H12026, Agent Wallet Pushes To Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the fir... Read more
