Hong Kong media tycoon Jimmy Lai granted bail

23 dec 2020

Hong Kong media tycoon Jimmy Lai granted bail

On Wednesday, Jimmy Lai, a Hong Kong pro-democracy media tycoon detained under a new national security law was granted bail under strict conditions, including house arrest and a ban on social media posts.
He is one of the highest-profile critics who has been charged under a new China law imposed in summer to curb criticism.
He is accused of collaborating with foreign countries to encourage pro-democracy activism in China.
Judge Alex Lee ordered Lai to pay a HK$10 million bond (US$1.3 million) and granted him bail while imposing a number of other conditions such as, he must remain at home, surrender all travel documents and hold no meetings with foreign officials or foreign institutions.
Lai was also banned from posting on social media, issuing statements or speaking to the media.