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flag Hong Kong seeks to confiscate HK$127 million in assets from jailed media tycoon Jimmy Lai.

flag Hong Kong authorities are seeking to confiscate over HK$127 million in assets from jailed media tycoon Jimmy Lai, including funds in bank accounts, corporate shares, and bail money. flag The government claims the property is linked to national security crimes, specifically his conviction for colluding with foreign forces. flag Critics view the move as part of a crackdown on press freedom, while officials argue it is necessary to safeguard national security.

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