Hong Kong Tycoon Jimmy Lai Denied Bail in Ongoing Crack Down
- Next Digital founder to remain in jail while awaiting trial
- Lai faces allegations under new security law drafted by China
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Jimmy Lai was denied bail on new charges related to an August arrest under a China-drafted security law, potentially keeping the Next Digital Ltd. founder behind bars for months as he fights the allegations.
Lai, 73, was ordered to remain in custody pending further proceedings, according to Mark Simon, an aide to the media tycoon. Two other Next Media executives who were charged alongside Lai were released on bail, Simon said. Judge Victor So Wai-tak, of the West Kowloon Magistrates’ Courts, adjourned the case until April 16, Next Media’s Apple Daily newspaper reported.