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StartWorldHong Kong media man Jimmy Lai's sponsorship has been canceled

Hong Kong media man Jimmy Lai’s sponsorship has been canceled

Hong Kong Media mogul Jimmy Lai’s sponsorship was canceled after prosecutors successfully petitioned the city’s highest court to return him to custody.

Lai was released on bail on December 23 after three weeks in custody on charges of fraud and endangering national security. The appeal hearing is scheduled for February 1.

On Thursday, the court said it was „reasonably arguable“ that the previous judge’s decision was wrong and that the bail order was invalid.

Hong Kong Media TYCOON JIMMY LAI campus of sponsorship from POMPEO TWEETS

Hong Kong pro-democracy activist and media entrepreneur Jimmy Lai arrived at the Final Appeal Court in Hong Kong, Thursday, December 31, 2020. Prosecutors of the Hong Kong government are appealing against the bail granted to Lai. Lay was released on bail on December 23, after nearly three weeks in pretrial detention on fraud and national security charges (AP Photo / Kin Cheung)

Lay was charged with fraud on December 3 for allegedly violating office space rental terms for Next Digital, the media company he founded. He was subsequently charged again on December 12 under the comprehensive national security law imposed by Beijing on suspicion of colluding with foreign forces and endangering national security.

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Lai is among a string of pro-democracy and pro-democracy activists who have been arrested by Hong Kong police in recent months as the authorities intensify their crackdown on dissent in the semi-autonomous Chinese region.