The U.S. has warned Hong Kong that its status as a financial center could be affected if it acts as a safe haven for sanctioned individuals, days after a luxury yacht connected to sanctioned Russian tycoon Alexey Mordashov docked in the city
FILE - In this image taken from video footage run by TVB, the megayacht Nord, left, worth over $500 million, is seen off Hong Kong Island outside Victoria Harbour on Oct. 7, 2022. The U.S. has warned Hong Kong in a statement Monday, Oct. 10, 2022 that its status as a financial center could be affected if it acts as a safe haven for sanctioned individuals, days after a luxury yacht connected to a sanctioned Russian tycoon docked in the city. HONG KONG — — The U.S.
The statement came days after the $500-million superyacht Nord, allegedly owned by Russian tycoon Alexey Mordashov, docked in Hong Kong’s harbor on Wednesday following a week-long journey from the Russian city of Vladivostok. Hong Kong’s marine authorities have said they do not implement “unilateral sanctions imposed by other jurisdictions,” even though it implements and enforces sanctions imposed by the United Nations Security Council.
The Nord measures 141.6 meters , has two helipads, a swimming pool and 20 cabins. The yacht is currently sailing under a Russian flag.
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