Executive Council convenor Bernard Chan said senior members of the city’s government were finding it increasingly difficult to bank with foreign institutions. Photo: Nora Tam
Hong Kong leader Carrie Lam’s top adviser has account at US bank closed
- Executive Council convenor Bernard Chan believes move was made because he is considered to be a ‘politically exposed person’
- PEP customers considered by banks to be vulnerable to corruption and at higher risk of money laundering
Executive Council convenor Bernard Chan said senior members of the city’s government were finding it increasingly difficult to bank with foreign institutions. Photo: Nora Tam
