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Hong Kong leader says ‘no legal basis’ to seize Russian megayacht

John Lee Russia Hong Kong Alexey Mordashov

The Nord, which has two helipads and a swimming pool, has been anchored in Hong Kong since Wednesday [File: TVB via AP]

Hong Kong’s leader has said the financial hub will not uphold sanctions with “no legal basis” after a superyacht linked to a sanctioned Russian oligarch was allowed to anchor in the city.

Hong Kong Chief Executive John Lee said on Tuesday that Hong Kong would comply with United Nations sanctions but would not act on measures imposed by individual countries.

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