The Hong Kong government is moving to confiscate HK$56.5 million and the shares of 17 companies belonging to former media boss Jimmy Lai. This action follows his 20-year jail sentence related to alleged conspiracies against the authorities.

The Hong Kong government is seeking to confiscate HK$56.5 million (US$7.2 million) from former media boss Jimmy Lai Chee-ying’s bank accounts and all of the shares in his 17 companies after he was jailed for 20 years under the national security law, court documents show. The secretary for justice applied to the High Court earlier this month to seize Lai’s assets linked to three conspiracies to instigate foreign sanctions and incite public hatred towards the authorities in 2019 and 2020. The...