Left Bankless by Sanctions, H.K. Leader Has ‘Piles of Cash’
- Chief Executive Carrie Lam says she has no bank account
- U.S. imposed sanctions on officials over Hong Kong crackdown
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Hong Kong’s Chief Executive Carrie Lam says that she has “piles of cash” at home because she is denied basic banking services due to U.S. sanctions.
In a television interview, Lam said the Hong Kong government has to pay her in cash because she does not have a bank account following sanctions imposed by the U.S. on her and other officials for what it called their role in undermining Hong Kong’s autonomy from mainland China, including imposing a national security law on the city at the end of June.