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HKSAR Moves to Forfeit Jimmy Lai’s Assets Under Security Law

🚨 The Hong Kong Special Administrative Region (HKSAR) government has filed a court application to seize properties linked to media tycoon Jimmy Lai, following his conviction under the national security law. The move aims to “cut off funding chains” for activities deemed threatening to national security, officials stated Thursday.

Why It Matters

Lai, founder of the defunct Apple Daily, was sentenced to 20 years in prison in 2026 for colluding with foreign forces and undermining governmental authority. The court labeled him the “mastermind” of a campaign that crossed legal boundaries, using his media platform to rally opposition.

Legal Grounds

Under Article 32 of Hong Kong’s national security law, proceeds from offenses—including funds used to commit crimes—must be confiscated. The government emphasized this step aligns with global practices to combat serious crimes and protect public interest. 🌍⚖️

What’s Next?

The Court of First Instance will review the application, ensuring it meets strict conditions outlined in the law. A spokesperson stressed that forfeiting assets prevents convicted individuals from “engaging in further harmful acts,” reinforcing Hong Kong’s rule-of-law principles.

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