Hong Kong leader Carrie Lam says she has “pile of cash”, no bank account due to US sanctions.
In August, the United States government imposed sanctions on top Chinese officials forcing the National Security Law upon Hong Kong and “curtailing political freedoms in the territory”. Chief Executive Carrie Lam, one of the sanctioned officials, stated in a televised interview that "Sitting in front of you is a chief executive of the Hong Kong SAR [Special Administrative Region] who has no banking services made available”. She continued that "I have piles of cash at home, the Government is paying me cash for my salary because I don't have a bank account."
Despite this ‘inconvenient’ setback, she added that "I don't want to … deter people from serving in a public position because it is very honourable in this set of circumstances to be so unjustifiably sanctioned by the US Government."
Carrie Lam is paid around $HK5.21 million (USD$672,150) per year, making her one of the highest-paid government officials in the world.
Source: ABC News #Nov30
http://www.abc.net.au/news/2020-11-30/hong-kong-carrie-lam-says-she-has-piles-of-cash-no-bank-account/12933008
#Carrielam #HongKong #USSanctionHKOfficials
In August, the United States government imposed sanctions on top Chinese officials forcing the National Security Law upon Hong Kong and “curtailing political freedoms in the territory”. Chief Executive Carrie Lam, one of the sanctioned officials, stated in a televised interview that "Sitting in front of you is a chief executive of the Hong Kong SAR [Special Administrative Region] who has no banking services made available”. She continued that "I have piles of cash at home, the Government is paying me cash for my salary because I don't have a bank account."
Despite this ‘inconvenient’ setback, she added that "I don't want to … deter people from serving in a public position because it is very honourable in this set of circumstances to be so unjustifiably sanctioned by the US Government."
Carrie Lam is paid around $HK5.21 million (USD$672,150) per year, making her one of the highest-paid government officials in the world.
Source: ABC News #Nov30
http://www.abc.net.au/news/2020-11-30/hong-kong-carrie-lam-says-she-has-piles-of-cash-no-bank-account/12933008
#Carrielam #HongKong #USSanctionHKOfficials
www.abc.net.au
Hong Kong leader Carrie Lam says she has 'piles of cash', no bank account due to US sanctions
Hong Kong leader Carrie Lam says she has to pile up cash at home as she has been unable to open a bank account in the global financial centre.