Li said he was involved in discussions on social networking app Telegram about running newspaper advertisements ahead of the 2019 Group of 20 summit in Japan to “raise international awareness” of that year’s “democratic movement” in Hong Kong.
“The group was very supportive of the idea of taking the momentum to the world stage, including those very eye-catching scenes during the protests,” the witness said.
The court heard the activist sourced HK$6.73 million on two crowdfunding platforms using the alias Tony Lo.
‘Hong Kong’s Apple Daily ran articles critical of government for business goals’
‘Hong Kong’s Apple Daily ran articles critical of government for business goals’
Li said a man named “T’, who he later knew was paralegal Wayland Chan Tsz-wah, helped make advance payments to some media outlets as he could not settle some of the bills with donations in time.
Li recalled T saying he could borrow up to HK$5 million from “some uncles”, but the witness did not know who they were.
Hong Kong’s Jimmy Lai lauded US timing of ‘full-scale war’ on China: court
Hong Kong’s Jimmy Lai lauded US timing of ‘full-scale war’ on China: court
The activist said he learned at a later stage some of the payments were settled by LAIS Hotel Properties Limited and another firm named Dico Consultants Limited, both of which were allegedly controlled by Lai.
International wire transfer receipts produced to the court showed LAIS Hotel, registered in Canada, paid £18,000 (US$23,030) and US$85,050 respectively to The Guardian and The Washington Post in June 2019.
Dico settled another sum of €20,000 owed to RCS MediaGroup, a multimedia group based in Milan, Italy. The group owned the Corriere della Sera newspaper, which published the open letter the same month.
Li said T never told him about the source of his financial reserves, but recalled an occasion where T said “the people from above” were “not very comfortable with” the lack of means to ensure they would be repaid.
The activist signed a promissory note in July stating a due amount of HK$1.56 million for T to pacify the “bankers”, the court heard.
He eventually made repayment by depositing the cash into the bank account of Chartwell Holding Limited, a Taiwan firm which prosecutors said was used by Lai to avoid exposing himself.
The trial continues on Thursday.
Source: scmp.com