Authorities seek to confiscate over USD 16 million linked to jailed media tycoon Jimmy Lai

Jimmy Lai

The Hong Kong government is seeking to confiscate millions of dollars in funds and corporate shares it says are linked to crimes committed by jailed former media tycoon Jimmy Lai.

The court filing does not explain how the property, which it estimates to be worth over 127 million Hong Kong dollars ($16 million), is linked to Lai's crimes.

The government previously announced that it was seeking asset forfeitures in the case.

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