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U.S. State Department warns that Putin ally superyacht will damage Hong Kong's reputation

2022-10-08T16:09:41.815Z


In response to Russian steel oligarch Alexey Mordashov's luxury cruise ship Nord moored in Hong Kong waters on October 6, the US State Department warned on October 8 that if Hong Kong provides shelter for sanctions evaders


In response to Russian steel oligarch Alexey Mordashov's luxury cruise ship Nord moored in Hong Kong waters on Oct. 6, the U.S. State Department warned on Oct. 8 that Hong Kong could damage its status as a financial center if it provides sanctuary for sanctions evaders reputation.


A U.S. State Department spokesman said on the 8th that individuals evading sanctions in multiple jurisdictions may use Hong Kong as a safe haven, further raising questions about the transparency of Hong Kong's business environment.

The spokesman stressed that Hong Kong's reputation as a financial centre depends on compliance with international laws and standards.

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The $500 million luxury yacht owned by Moldashov mysteriously appeared in Hong Kong waters more than a week after leaving Vladivostok last week.

The luxury yacht entered the waters of Hong Kong on October 5, and berthed in the waters between Kennedy Town and Stonecutters Island on Hong Kong Island on the evening of the 6th.

Since the outbreak of the Russian-Ukrainian war, the United States, the European Union and other countries have imposed sanctions on allies of Russian President Vladimir Putin (also translated as Putin or Putin, etc.), and Mordashov is one of them.

However, the Hong Kong SAR government stated that it has been fully implementing and enforcing the sanctions of the United Nations Security Council. Some countries may impose unilateral sanctions on a certain country based on their own considerations. The Hong Kong government has no power and will not impose unilateral sanctions on areas in other jurisdictions. .

This article is reproduced with permission from Lianhe Zaobao


Putin's ally superyacht at the port of the Marine Department: will not implement unilateral sanctions by individual countries

Source: hk1

All news articles on 2022-10-08

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