The District Court on Friday said it will impose a confiscation order on the assets of a radio host who has pleaded guilty to money laundering and sedition charges.

The court heard that it is reasonable to believe that Wan Yiu-sing, also known as Giggs, had handled around HK$10 million in crime proceeds, and that he agreed to having his property worth HK$4.87 million confiscated.

Judge Adriana Noelle Tse said the court will issue a confiscation order and sentence Wan on October 7.

The DJ admitted one count of conspiracy to act with seditious intent and three counts of money laundering, as part of a plea deal which saw six other similar charges dropped.

Wan had raised money for Hongkongers who moved to Taiwan after the 2019 protests.

The court was told he had incited people to resist or overthrow the Chinese Communist Party and had advocated Hong Kong independence while presenting an online radio programme over a duration of nine months.

Two money laundering charges against an assistant of Wan are also being left on file as part of the plea deal.