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Left bankless because of US sanctions, Lam says she has piles of cash

US has said any bank in biz with her will lose access to the US financial system

US sanctions Hong Kong's Chief Carrie Lam over curtailing political freedom
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Hong Kong chief executive Carrier Lam

Julia Fioretti | Bloomberg
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 US 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 US 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.
 
“Sitting in front of you is a chief executive