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            Hong Kong`s Court of Appeal overturns tycoon Jimmy Lai`s fraud conviction and sentencing

            Thursday, February 26, 2026 - 06:18:54
            Hong Kong`s Court of Appeal overturns tycoon Jimmy Lai`s fraud conviction and sentencing
            Arya News - By James Pomfret and Jessie Pang HONG KONG, Feb 26 (Reuters) - Hong Kong`s Court of Appeal on Thursday overturned a lower court ruling against jailed pro-democracy media tycoon Jimmy Lai`s conviction

            By James Pomfret and Jessie Pang
            HONG KONG, Feb 26 (Reuters) - Hong Kong"s Court ‌of Appeal on Thursday overturned a ‌lower court ruling against jailed pro-democracy media tycoon ​Jimmy Lai"s conviction and sentence for a fraud offence.
            Judges Jeremy Poon, Anthea Pang, and Derek Pang said in the judgment that ‌they allowed the ⁠appeal application from Lai, and another defendant in the case.
            "The Court ⁠of Appeal gave them leave to appeal against their conviction, allowed their appeals, quashed ​the convictions ​and set aside ​the sentences," the ‌judges wrote in a press summary of their judgement.
            Lai was sentenced in December 2022 to five years and nine months in jail after being found guilty of breaching ‌the lease terms of ​Apple Daily’s headquarters by ​concealing the operation ​of a private company, Dico ‌Consultants Ltd, in the ​building.
            Another Next ​Digital executive, Wong Wai-keung, 61, was found guilty of fraud and jailed for ​21 months.
            (Reporting ‌by Jessie Pang and James Pomfret; ​Editing by Anne Marie Roantree, Jacqueline ​Wong and Saad Sayeed)
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