Execs of Jimmy Lai's Hong Kong media firm mount legal challenge against BDO
9/9/2024 19:19
Two Western media executives with long experience in Hong Kong have accused global accounting firm BDO of breaking international rules by helping the city's government liquidate the company, which was run by the jailed tycoon Jimmy Lai. The two U.S.-based directors of Lai's Next Digital Ltd filed a complaint with the British government in December, alleging BDO improperly "acted as a quasi-governmental agency at the behest of the (Hong Kong government), with no judicial oversight" to shut down Lai's media enterprise, including the popular Apple Daily newspaper. The allegations by Gordon Crovitz, a former publisher of the Wall Street Journal, and Mark Clifford, a former editor-in-chief of Hong Kong's South China Morning Post, are in a 32-page complaint reviewed by Reuters.
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