Business & Finance

Reuters exclusively reports Hong Kong security chief threatens tycoon Jimmy Lai’s bankers

Hong Kong’s security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank threatening up to seven years’ jail for any dealings with the billionaire’s accounts in the city, according to documents seen by Reuters. The letters, signed by Secretary for Security John Lee, were sent to Lai after the Hong Kong authorities announced the freezing of his majority stake in publisher Next Digital and local accounts of three companies owned by him under a sweeping new national security law. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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