The board of jailed media tycoon Jimmy Lai’s Next Digital Ltd. used a resignation letter to criticize the Hong Kong government for bypassing the city’s courts and using the China-imposed national security law to drive the company out of business.
Next Digital Chairman Ip Yut Kin and directors Mark Clifford, Louis Gordon Crovitz and Lam Chung Yan resigned effective Sunday, according to an exchange filing. They blasted Hong Kong’s government for using security legislation to freeze company bank accounts, arrest top editors and effectively force Next Digital to close. The board members recommended Next Digital be liquidated, adding they hoped the government would allow former employees and creditors to be paid.
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September 06, 2021 at 09:24AM
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Next Digital Board Cites Hong Kong 'Climate of Fear' in Resigning - Bloomberg
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