Home » World » Carrie Lam’s mountains of cash

Carrie Lam’s mountains of cash

28 november 2020

13:41

Due to American sanctions, the top woman of Hong Kong receives her generous salary in banknotes.

Hong Kong leader Carrie Lam has stacks of cash at home because she no longer has a bank account due to US sanctions. In a TV interview she said that she now has to pay cash every day for all kinds of things.

Lam is one of the highest paid politicians in the world, with a salary of 560,000 euros per year, according to the British newspaper The Guardian. At the same time, she is Hong Kong’s least popular leader since its handover to China in 1997. Following her comment, social media users posted pictures of their piggy bank at home contrasting her wealth. Others wondered how all that money is being delivered to her home.

US sanctions

The US government has previously punished the leadership of the Chinese city of Hong Kong and other top Chinese figures with the sanctions after a strict security law was introduced by the communist regime in Beijing. The relative autonomy of the former British Crown Colony, which has been a special administrative region of the People’s Republic of China since 1997, is being lost by that law, according to critics.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.