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US Sanctions | What are the consequences of 11 Chinese and Hong Kong officials being sanctioned by the US? Prohibition of money and services

2020-08-08T03:10:32.804Z

The US Treasury Department announced today (7th) that 11 Chinese and Hong Kong officials, including Chief Executive Carrie Lam Cheng Yuet-ngor, will be sanctioned, and the reasons for the sanctions will be detailed. All private property and interests of the sanctioned persons in the United States, as well as joint venture property and interests in the United States or controlled by Americans that directly or indirectly hold 50% or more of the shares, must be declared to OFAC (Office of Foreign Assets Control of the Ministry of Treasury) . Unless OFAC issues an exemption, Americans are prohibited from processing the asset transactions of the above-mentioned sanctioned persons in the United States. It is prohibited to provide or receive services, funds or commodities to the sanctioned persons and their interests. In short, it prohibits Americans and companies from having any money, services, and products dealings with the assets, companies, or individuals of the sanctioned persons in the United States. U.S. Treasury Secretary Mnuchin stated that the United States will stand with Hong Kong people and will use their tools and authority to combat those who undermine Hong Kong’s autonomy.



Political situation

Written by: Zhai Ruimin

2020-08-07 23:09

Last update date: 2020-08-08 10:57

The US Treasury Department announced today (7th) that 11 Chinese and Hong Kong officials, including Chief Executive Carrie Lam Cheng Yuet-ngor, will be sanctioned, and the reasons for the sanctions will be detailed. All private property and interests of the sanctioned persons in the United States, as well as joint venture property and interests in the United States or controlled by Americans that directly or indirectly hold 50% or more of the shares, must be declared to OFAC (Office of Foreign Assets Control of the Ministry of Treasury) . Unless OFAC issues an exemption, Americans are prohibited from processing the asset transactions of the above-mentioned sanctioned persons in the United States. It is prohibited to provide or receive services, funds or commodities to the sanctioned persons and their interests. In short, it prohibits Americans and companies from having any money, services, and products dealings with the assets, companies, or individuals of the sanctioned persons in the United States.

U.S. Treasury Secretary Mnuchin stated that the United States will stand with Hong Kong people and will use their tools and authority to combat those who undermine Hong Kong’s autonomy.

▼Reasons of sanctions for each person▼

1. Chief Executive Carrie Lam Cheng Yuet-ngor

Lam Cheng Yuet-ngor was accused of promoting the amendment of the Fugitive Offenders Ordinance in 2019, triggering a series of large-scale opposition demonstrations in Hong Kong; in addition, she was also involved in the formulation, passage or implementation of the Hong Kong National Security Law.

2. Chen Guoji, Director of the Chief Executive's Office and Secretary-General of the National Security Commission

The work of the National Security Committee, with Chen Guoji as the secretary-general, shall not be made public, and its decisions shall not be subject to judicial review. Chen Guoji was also appointed to be responsible for or participating in the formulation, passage or implementation of the "Hong Kong National Security Law."

3. Secretary of Justice Zheng Ruohua

As the Secretary of Justice, his main responsibility is to implement and maintain national security in the Hong Kong Special Administrative Region. It was also designated to be responsible for or participate in the formulation, passage or implementation of the "Minato National Security Law."

4. Secretary for Security Li Jiachao

The Security Bureau under Li Jiachao is responsible for all security-related policies and introduced the National Security Department as a new police department with collection and investigation capabilities. It is also designated to be responsible for or participate in the formulation, adoption or implementation of the "Minato National Security Law."

5. Secretary for Constitutional and Mainland Affairs Zeng Guowei

The bureau is responsible for maintaining the relationship between the port area and the Chinese government. Designated to be responsible for or participating in the formulation, adoption or implementation of the "Minato National Security Law."

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6. Director of Police, Tang Pingqiang

Alleged to have been enthusiastic in supporting the "Port National Security Law." The police forces besieged the Hong Kong Polytechnic University under the leadership of Deng Pingqiang and arrested hundreds of protesters. Deng Bingqiang is also a member of the National Security Committee and coerced, arrested, detained or imprisoned citizens in accordance with the "Hong Kong National Security Law".

7. Former Commissioner of Police, Lu Wei Chong

Under his leadership, more than 4,000 protesters were arrested and 1,600 injured in the conflict. The department led by Lu Weicong is designated to engage in activities that prohibit, restrict or punish the exercise of freedom of speech or freedom of assembly in Hong Kong.

8. Luo Huining, Director of the Liaison Office

Although the Basic Law prohibits the central government from interfering in the affairs managed by the Hong Kong Special Administrative Region under the Basic Law, the Liaison Office of the Central Committee still claims to have relevant powers. Luo Huining is also the National Security Advisor of the National Security Commission, who has been designated as a leader or official who engages in or threatens the peace, security, stability or autonomy of Hong Kong.

9. Xia Baolong, Director of Hong Kong and Macau Affairs Office

The Hong Kong and Macau Affairs Office claimed the power to supervise Hong Kong affairs, including the implementation of the Basic Law. Xia Baolong is designated as a leader or official who engages in or threatens its peace, security, stability or autonomy.

10. Zhang Xiaoming, Deputy Director of Hong Kong and Macau Affairs Office

In 2019, Zhang Xiaoming supported the controversial amendment to the Fugitive Offenders Ordinance during his tenure as Director of the Hong Kong and Macau Affairs Office. He is designated as a leader or official who engages in or threatens his peace, security, stability or autonomy.

11. Zheng Yanxiong, Director of the National Security Administration

The National Security Agency was established in accordance with the "Port Security Law" and has extensive powers to supervise local authorities and directly investigate major cases. Designated as the director of the office is a leader or official who engages in or threatens its peace, security, stability, or autonomy.

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Source: hk1

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