Executives at Jimmy Lai’s Hong Kong media firm challenge accountants BDO over company’s liquidation

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Lai is a vocal critic of China’s Communist Party and is on trial on national security charges that could result in a life sentence.

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.

As he fights the national security case, Lai is in jail on other charges, including a conviction for unauthorised assembly. The BDO case spotlights political risks for businesses and listed corporations under Beijing’s national security clampdown in Hong Kong. Once such a complaint has been made, all parties are asked to respond to the allegations before a decision is made by the British government on whether to take the complaint to arbitration. At the end of the process, a report is published.

Chan’s reply, headed “Office of the Inspector of Next Digital Limited", listed an address one floor below BDO’s Hong Kong headquarters. A Reuters visit to the building confirmed an office in a single room with a plaque and door sign bearing the same name. BDO’s corporate responsibility efforts include “building human and social capital", according to its website.

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