Jimmy Lai to remain in custody while former employee of Next Digital released on bail in fraud case pending sentencing on 10th December


24th November 2022 – (Hong Kong) Jimmy Lai of Next Digital and  Wong Waikeung, the former director of administration at Next Digital are accused of violating leasing terms with Hong Kong Science Park, saving HK$20 million (US$2,580,282) in rent since 1995 on a separate business, according to the reports. If convicted of fraud, they could face up to 14 years in prison each, according to Hong Kong’s Crimes Ordinance

After the case was tried in the District Court earlier, Lai and Wong were convicted. The case was adjourned until today (24th). The defence stated that the scope of improper use of the premises involved in the case was very small, and that Dico occupied the premises for the convenience of work, not for money motive while Wong was only performed his duties as an employee. After hearing the defence’s pleading, the judge adjourned the case until 10th December for sentencing, during which time Wong is granted bail, while Lai had to remain in custody.