• Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Huawei took UK bank HSBC to court under the Bankers’ Book Evidence Act, asking the bank to furnish documents the Chinese company says are important to its legal efforts to stop its chief financial officer, Meng Wanzhou, from being extradited to the US from Canada, according to international news agencies

Huawei approached the UK’s Royal Courts of Justice for records it believes will show chief financial officer Meng Wanzhou didn't mislead the bank, as US authorities charge.

Meng is fighting extradition to the US where she is charged with committing fraud by misleading HSBC about the company's business dealings in Iran.  The US government has alleged Huawei of using a Hong Kong shell company called Skycom to sell telecommunications equipment to Iran in violation of US sanctions.

However, Meng’s legal team claims HSBC was fully aware of Huawei’s dealing with Skycom from Meng’s PowerPoint presentation to a senior HSBC executive in August 2013 in Hong Kong. They also allege that the US gave Canadian authorities an incomplete version of the presentation in order to convince them to arrest Meng.

Meng, the daughter of Huawei's founder, Ren Zhengfei, was detained in December 2018 on a US request while changing flights in Vancouver.

Also read: The case of Huawei's Meng explained

Pin It