Li Zhiying was released on bail of HK $500000 and HK $50 million was frozen

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 Li Zhiying was released on bail of HK $500000 and HK $50 million was frozen


Hong Kong media said that Li Zhiying left the yacht under the escort of a number of police officers until about 12:10 pm on the 11th. His hands were handcuffed and he was suspected to be accompanied by two lawyers. Police later escorted Li Zhiying onto a seven seater car. During this period, some people denounced Li as a traitor of the century. The vehicle left the yacht club and returned to Mong Kok police station. Until 15:00, the vehicles escorting Mr Lai once drove to West Kowloon police headquarters, and then made many trips to Mong Kok police station. Li Zhiying was released on bail and had to hand in his travel documents.

Hong Kong police reported on the evening of the 10th that the police took action on the 10th and arrested 10 suspects, aged between 23 and 72, including five men and one woman suspected of colluding with foreign or foreign forces to endanger national security in violation of Hong Kongs national security law; two arrested men suspected of violating Hong Kongs national security law and four other arrested men were arrested Suspected conspiracy to defraud, they are all high-level media, suspected of using low-cost factory buildings by fraudulent means.

According to observer.com, after being detained for nearly 40 hours, Li Zhiying, the Hong Kong disorderly leader suspected of violating Hong Kongs national security law and conspiracy to defraud, was released on bail of HK $500000 (about RMB 450000) in the early morning of August 12, while his HK $50 million assets were frozen.

Photo from Hong Kong media

Hong Kong media east net reported that Li Zhiying left Mong Kok police station at 0:20 a.m. on the 12th, and then drove back to he Wentians residence. Li Zhiyings bail amount involved HK $300000 in cash and HK $200000 in personnel guarantee, that is, a total of HK $500000 bail, and his HK $50 million assets were frozen.

According to the report, Li Zhiying, who was released on bail, and Li jianen, the eldest son and second son of Li Zhiying, who were previously released on bail, Wu Daguang, general manager of one media animation company, Huang Weiqiang, chief executive officer of one media, Zhang Jianhong, chief executive officer of one media, Zhou Daquan, chief executive officer and chief financial officer of one media, Zhou Ting, member of the former Hong Kong Independence organization Hong Kong Zhongzhi, and a member of Hong Kong Story Both Li Yuxuan and Li Zongze, a former member of the academic trend of thought, are required to report to the police in early September.

Photo from Hong Kong media

On the morning of October 10, Hong Kong police arrested Li Zhiying on suspicion of violating Hong Kongs national security law, and searched Li Zhiyings nest - one media headquarters building, and took away 25 boxes of evidence. At the same time, police also arrested Li Zhiyings two sons. After Li Yaoen was arrested, the police searched the restaurant of four seasons regular meal and took away a large number of evidence including documents, computers and electronic instruments.

Tian Feilong, associate professor of the Law School of Beijing University of Aeronautics and Astronautics and director of the National Association for Hong Kong and Macao Studies, has previously explained that the bail system in Hong Kongs judicial system does not mean that a person is released directly, but is similar to the bail pending trial in the mainland criminal procedure law. It is a trade-off based on the harmfulness of the perpetrator and whether he can cooperate with the criminal procedure afterwards.

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Li Zhiying was released on bail with HK $500000! 50 million assets frozen (source: global network)

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Capture screen! Seven people including Li Zhiying were arrested by Hong Kong Police (source: global network)

Li Zhiying was arrested. Source: Hong Kong Eastern network

According to the report, the seven arrested persons include Li Zhiying, his two sons Li Jian en and Li Yaoen, Zhang Jianhong, chief executive officer of one media, Zhou Daquan, Huang Weiqiang and Wu Daguang.

East net said that Li Zhiyings arrest was suspected of violating Article 29 of the Hong Kong national security law, colluding with foreign or foreign forces to endanger national security, as well as conspiracy to defraud and incitement. His two sons are involved in the crime of colluding with foreign or foreign forces to endanger national security.

In addition, mark Simon, Li Zhiyings right-hand and right-hand man, is wanted by the police. Mark Simon posted on social media this morning announcing the arrest of Li Zhiying on suspicion of collusion with foreign forces.

According to the east net news, Li Zhiyings conspiracy to defraud is related to one medias suspected operation of an independent company in the factory building of Tseung Kwan O industrial estate, providing Company Secretary services, violating the land lease or making profits by fraud. Earlier, it was said that one media in Tseung Kwan O Industrial Estate plant, suspected of operating at least 14 independent companies, involving different businesses. According to the records, all the directors of the companies were Li Zhiying. One of the companies provided Company Secretary services to 10 restaurants and companies run by Li Yaoen, the second son of Li Zhiying, including the four seasons regular meal of second-hand frozen lemon tea. The Tseung Kwan O industrial estate is managed by the Hong Kong Science and Technology Parks Corporation. In examining and approving applications for land for industrial estates, the Hong Kong Science and Technology Parks Corporation has stipulated that only other operations approved or agreed in writing by the science and Technology Park may be carried out in the factory buildings, and no sublease is allowed to other persons.

(function(){( window.slotbydup=window .slotbydup||[]).push({id:u5811557,container:ssp_ 5811557, async:true }Source: responsible editor of global network: Fan Jiang Guoyi_ NN9138