Jimmy Lai, media mogul and opponent of the Chinese Communist Party, has been sentenced to 69 months in prison after an extensive trial period.

Lai was sentenced on two counts of fraud related to leases for the offices of his newspaper, Apple Daily.

In addition to the prison sentence, Lai was ordered to pay a fine of approximately U.S. $256,837.

APPLE DAILY: HONG KONG POLICE RAID OFFICES OF PRO-DEMOCRACY PAPER, MAKE ARRESTS

Lai, 75, was charged with fraud on Dec. 3 of 2019 for allegedly violating the lease terms for office space for the Next Digital, the media company he founded.

He was charged again on Dec. 12 under the sweeping national security law imposed by Beijing, on suspicion of colluding with foreign forces and endangering national security.

Lai has yet to face the charges leveled against him under the national security law.

CHINA EXPANDS RULE REQUIRING GOVERNMENT PERMIT FOR BLOGGERS

Hong Kong activist Jimmy Lai seen in handcuffs in 2020

Hong Kong pro-democracy activist and media tycoon Jimmy Lai is escorted by correctional services officers to board a prison van before appearing in a court in Hong Kong, Saturday, Dec. 12, 2020.  (AP Photo/Kin Cheung)

Critics at home and abroad say the law amounts to a crackdown on political dissent and free speech that is eroding the rights and freedoms promised to Hong Kong under the "one country, two systems" framework following the handover from British colonial rule in 1997.

Lai is among a string of pro-democracy activists and supporters arrested by Hong Kong police in recent years as authorities step up their crackdown on dissent in the semi-autonomous Chinese territory.

Tensions between the CCP and its critics have only risen since Lai's original arrest.

CLICK HERE TO GET THE FOX NEWS APP

Chinese university students hold up signs during protest over covid restrictions

Protesters hold up white paper some with writings commemorating the Nov. 24 deadly Urumqi fire during a gathering at the University of Hong Kong, Tuesday, Nov. 29, 2022. (AP Photo/Bertha Wang)

Chinese citizens feel empowered after protests against "draconian COVID-19 restrictions" led Chinese authorities to ease regulations, a human rights researcher told Fox News.  

"People are fed up with the restrictions," said Yaqiu Wang, a senior China researcher for Human Rights Watch. "There's so much pent-up anger and frustration, because there have been massive human rights violations as a result of the restrictions, not because of COVID itself."

Demonstrations erupted across several cities in China in the final days of November as residents took to the streets to protest the nation's "zero-COVID" policies. In some cities, like Wuhan, protests turned violent as police and residents clashed.

Fox News' Jon Michael Raasch and the Associated Press contributed to this report.