Apple Daily, Hong Kong

Apple Daily, Hong Kong

Hong Kong's Apple Daily unable to pay staff after asset freeze

Hong Kong's Apple Daily unable to pay staff after asset freeze

21/6/2021 10:10:00 AM

Hong Kong 's Apple Daily unable to pay staff after asset freeze

HONG KONG : Hong Kong 's pro-democracy tabloid Apple Daily warned on Monday (Jun 21) it is unable to pay staff and is at imminent risk of closure ...

Mark Simon, an aide to Lai, said the freeze order by the city's security chief last week had crippled the newspaper's ability to do business."Our problem at Apple Daily is not that we don't have funds, we have US$50 million in the bank," he told CNN.

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AdvertisementAdvertisement"Our problem is the Secretary of Security and the police will not let us pay our reporters, they will not let us pay our staff, and they will not let us pay our vendors. They have locked up our accounts."Lam Man-chung, executive chief editor of Apple Daily, told AFP that the media group's board was meeting on Monday.

Lai, 73, is in prison for attending democracy protests in 2019. He faces a life sentence if convicted of national security crimes.READ: Hong Kong's Apple Daily executives denied bail under security lawAdvertisementLast Thursday, more than 500 police officers raided the paper's newsroom and arrested five executives over a series of articles that police said called for international sanctions. headtopics.com

Two of those executives - chief editor Ryan Law and CEO Cheung Kim-hung - have beencharged with"colluding" with foreign forcesto undermine China's national security and were remanded into custody over the weekend.The operation was the first time political views and opinions published by a Hong Kong media outlet have triggered the security law.

But it is the use of the law's powerful financial freezing tools that looks set to permanently put Apple Daily out of commission.SECURITY CRACKDOWNThe law, written in Beijing and imposed on Hong Kong last June, allows authorities to freeze assets of any individual or company in the international business hub that is deemed to be a security threat.

It does not require a court order.READ: Crowds gather for hearing of two Apple Daily executives on national security chargeLast month, Lai's personal assets in Hong Kong and his media company shares were frozen.Then on Thursday, Secretary for Security John Lee said a further HK$18 million (US$2.3 million) of Apple Daily's company assets had now been blocked.

"These are all orders from basically the Secretary of Security, we are facing a security agency we are not facing courts," Simon told CNN.Simon is himself wanted by Hong Kong police on national security charges but left the city last year and has since relocated to the United States. headtopics.com

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In its own reporting over the weekend, Apple Daily said it was planning to ask Lee to unfreeze some money so it can pay some 700 employees.If the application is unsuccessful, they plan to go to court, the paper added. Read more: CNA »

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appledaily_hk can’t pay for the salary to her staff because her bank accounts are frozen and robbed by Carrielam government. Apple Daily’s inability to pay employees’ salaries is all because they were unreasonably suppressed by totalitarianism using the evil rules that they claimed 'will only affect a few people', and they are now doing everything to deprive the ppl of any way to understand the truth!

Political persecution, HK is gone Nice kerokero_HKer The World should say no to Tyranny! . Although facing the evil Chinazi, NationalSecurityLaw & PoliceBrutality, Hongkongers are not giving up! Shameless CarrieLam, HKPolice, HKGov & CCP Officals! FreeHK SOSHK Hongkong SAVE12 Free47 StandWithHongKong AntiChinazi

kerokero_HKer No matter how evil the CCP Chinazi NSL are No matter how brutal the HKPolice is, HKer & freedom-fighters still fighting for justice, HumanRights & democracy 💪🏿😠 Never Give Up! StandWithHongKong HongKong HongKonger HumanitarianCrisis Save12 Free47 MilkTeaAlliance Silence21240183 The facts clearly show that the Hong Kong government conspired with the Chinese Communist Party to kill Apple Daily. CCP_is_terrorist StandwithAppleDaily HumanRightsViolations BoycottBeijing2022 OnecountryTwoSystemsIsDead CCPLiedPeopleDied

hk has demonstrated that there is no room for democracy and freedom under ccp administration 1 country, 2 systems, no freedom StandWithHongKong AppleDaily JimmyLai Hongkong people never give up StandWithHongKong This is a very sad news for Hong Kong. The Freeworld have to stand with HongKongers by taking more effective actions against the CCP Chinese Officials. We have no time to see further deterioration of our basic rights! FightForFreedom StandWithHongKong

Apple Daily, arbitrarily hobbled from doing business not by any rule of law, but by whim of paranoid despotic power that is unable to tolerate any criticism of its rule.

Taiwan pulls trade office staff over Hong Kong ultimatumTaiwan said seven employees of its trade office in Hong Kong left the financial hub on Sunday after authorities there demanded they sign a pledge recognising China's sovereignty over the self-ruled island.

Everyone knows CCP subversion freedom Hong Kong. This is the true nature of totalitarian regime CCP. HKPoliceState CCP_is_Terrorist kerokero_HKer Hongkonger & many Freedom fighters are under HumanitarianCrisis now :( But HKer never surrender! Still fighting for justice, truth & HumanRight & democracy! Dear world, StandWithHK! SOSHK FreeHK LiberateHK CCP_is_terrorist AntiChinazi HongKong HongKongNeedsHelp

If we all witness a international financial centre fallen but no actions, the history will r cord that. It is the start of tyranny expansion and next step of war for democracy Vs totalitarianism is coming. Please stand up and stop that. AppleDaily FightForFreedomStandWithHK At the first place , Apply Daily will not survive without foreign fundings , now they're rot and is very normal

Since so many supporters , get from those supporters lah , so easy . Support AppleDaily Respect AppleDaily FreeJimmyLai NationalSecurityLaw CCP_is_terrorist FreeHongKong StandWithHongKong CCP is abusing the National security law and well planned to take down the last paper media who speaks the truth and against the regime! StandWithHongKong appledaily

FreeofPress FREEDOM HumanRights AppleDaily SaveAppleDaily WeNeedAppleDaily MilkTeaAlliance Hong Kong can no longer remain an international financial centre when assests of a publicly listed company can be arbitrarily frozen appledaily tweet4852 Hk gov = robbery.

Taiwan to 'adjust' Hong Kong office operations in 'one China' rowTaiwan will 'adjust' the operations of its representative office in Hong Kong after the government there demanded its officials sign a document ... The world's biggest bully. With Russia not too far behind. CCP will not follow the promise, not obey any agreements as they are lawless. No deal can be made w/ CCP. This is basic consent to treat CCP nowadays. Only way to rectify every wrong things they did is eliminate them & make them accountable for their crimes did in past 71 yrs HongKong gov't has no free will but to follow any practice from China. In order to show their loyalty to Beijing, HK gov't officer are willing to sell the interests of the people.

白做了 Wondeful news isn't it

Adviser to jailed HK tycoon Jimmy Lai says Apple Daily to shut within days HONG KONG : Hong Kong pro-democracy newspaper Apple Daily will be forced to shut 'in a matter of days' after authorities froze the company's assets ... Thank god. Tabloid paparazzi trash. Hardly surprising. Communists do not allow dissenting views. Pity the HKers, the end is nigh. 撐蘋果日報 saveappledaily WeNeedAppleDaily jimmylai FreeJimmyLai FreedomOfPress FreePress

Taiwan pulls trade office staff over Hong Kong ultimatumTaiwan said seven employees of its trade office in Hong Kong left the financial hub on Sunday after authorities there demanded they sign a pledge recognising China's sovereignty over the self-ruled island.

Taiwan to 'adjust' Hong Kong office operations in 'one China' rowTaiwan will 'adjust' the operations of its representative office in Hong Kong after the government there demanded its officials sign a document ... The world's biggest bully. With Russia not too far behind. CCP will not follow the promise, not obey any agreements as they are lawless. No deal can be made w/ CCP. This is basic consent to treat CCP nowadays. Only way to rectify every wrong things they did is eliminate them & make them accountable for their crimes did in past 71 yrs HongKong gov't has no free will but to follow any practice from China. In order to show their loyalty to Beijing, HK gov't officer are willing to sell the interests of the people.