Hong-Kong Protests

Mr T

Mr T

Senior Member
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Hong Kong leader Carrie Lam said she has "piles of cash" at home, as she has no bank account after the United States slapped sanctions on her in response to
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She was targeted, along with 14 other senior city officials, in
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on the territory in late June.

The move by Washington freezes the American assets of the 15 officials and criminalises any financial transactions in the US.

In an interview with local English TV channel HKIBC aired on Friday (Nov 27) night, Mrs Lam said she was "using cash every day for all the things" after being sanctioned.

"Sitting in front of you is a chief executive of the Hong Kong SAR (Special Administrative Region) who has no banking service made available to her," Mrs Lam told HKIBC.

"I have piles of cash at home, the government is paying me cash for my salary," she added.

Mrs Lam added that it was "very honourable" to be "unjustifiably sanctioned" by the US government and does not want to deter anyone from serving in public office.

Earning HK$5.21 million (S$900,000) a year, Mrs Lam is one of the highest paid leaders in the world.

Her remarks sparked a public backlash, with social media users posting photos of coins in their piggy banks at home to contrast with Mrs Lam's wealth.

Others questioned how her large salary would be transported to her residence in cash.

Mrs Lam had told media in August that she faced "a little bit of inconvenience" from the sanctions which hampered her use of credit cards.
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I'm somewhat confused by this. I thought banks in Hong Kong were warned off by the CCP against enforcing US sanctions. Does this mean they ignored Beijing's warnings?

Also, aren't there any mainland Chinese banks operating in HK that would follow Party orders?
 
Gatekeeper

Gatekeeper

Brigadier
Registered Member
It's amazing how a foreign power who publically sanction a foreign nationals for implementing domestic laws is some how ok and not even a mention from our friend here.

And yet, some how it's all the faults of financial institutions who dare not crossed the US and have its financial well being curtailed. Somehow it's either CCP's fault for its inability to protect foreign interference in their domestic affairs. And not the foreigners who decided to stick their nose in where they are not wanted.

Mind gymnastics of Olympian standards.
 
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