Given our recent post on Freedoms of the City of London being handed out to paedophiles and disgraced politicians, we weren’t surprised to clock a new piece of opportunism on this score. The City is keen to get on board with China’s incoherent Belt and Road Initiative, so the fact that last week they handed a ‘Freedom’ to the head of the Bank of China UK was something that could have been predicted in advance. Obviously after laundering the Russian dirty money that’s been drying up of late, the City are desperate for new sources of income – everything the City does is instrumental.
The head of the Bank of China’s UK operations, Sun Yu, has today received the Freedom of the City of London, in recognition of his outstanding contribution to promoting UK-China relations.
Mr Sun took up his position at the helm of the 89-year-old London branch of the Bank of China in December 2014. In addition to this role, he is also Chairman of the China Chamber of Commerce in the UK, and was previously also Chairman of the Association of Foreign Banks.
Mr Sun was nominated for the Freedom of the City of London by the Rt Hon The Lord Mayor of London, Charles Bowman. His Freedom ceremony at Guildhall began with him reading aloud the Declaration of a Freeman and ended with him being greeted by Murray Craig, Clerk to the Chamberlain’s Court, as a ‘Citizen of London’ and the presentation of his framed parchment certificate.
The CEO is the latest Chinese national, and the first head of a Chinese company in the UK, to receive the Freedom.
Charles Bowman, Lord Mayor of London said: “The Freedom of the City of London is a very special and ancient tradition, bestowed to recognise an individual’s remarkable contribution to London or public life, or an outstanding achievement.
“My colleagues and I are delighted to admit Sun Yu into the Freedom of the City of London.
“As head of one of the oldest and most respected foreign banks in the Square Mile, Sun Yu has done a tremendous amount to help promote closer UK-China relations in this Golden Era of ties.
“It is a huge pleasure and a personal privilege to welcome him to Guildhall to receive the Freedom.”
Sun Yu, General Manager of Bank of China Limited London Branch and CEO of Bank of China (UK) Limited said:
“It is a true honour and great pleasure to join the fellowship of men and women who have been recognised by the City of London and the Lord Mayor…”
London, 30 July 2018 CEO of Bank of China UK honoured by City of London Corporation by Anonymous, City of London website.
Actual residents of the City of London – like those running this blog – would rather not have Sun Yu, or paedophiles like Keith Harding, or disgraced politicians like Ian Paisley Jr, made citizens of the place in which we live. But then the City of London Corporation doesn’t care what we think because like the regime Sun Yu fronts for, it ain’t democratic – it’s run on business votes.
City of London Sun Yu Freedom of London press info at Internet Archive: https://web.archive.org/web/20180805232547/https://news.cityoflondon.gov.uk/ceo-of-bank-of-china-uk-honoured-by-city-of-london-corporation/