Huawei agrees to document delivery case deal with HSBC

Hong Kong — Chinese telecommunications equipment company Huawei reached an agreement with HSBC in Hong Kong on Monday to obtain documents that Chief Financial Officer Meng Wanzhou hopes will help prevent the transfer to the United States. Said.

Meng, who was detained in Canada in 2018 at the request of US authorities, has fought a court battle over the past two years as the United States attempts to hand her over for bank fraud allegations and sanctions against Iran.

The United States has accused Huawei of using a Hong Kong shell company called Skycom to sell equipment to Iran in violation of US sanctions. Meng states that he has committed fraud by misleading HSBC about the company’s business transactions in Iran.

Meng Wanzhou
Huawei Chief Financial Officer Meng Wanzhou will return to the British Columbia Supreme Court on March 31, 2021 in Vancouver, British Columbia. (DarrylDyck / The Canadian Press via AP)

A previous request for a document from HSBC by Men’s Legal Team was dismissed by a British court.

At a court hearing on Monday, Judge Linda Chan of the High Court of Hong Kong approved a document sharing agreement between Huawei and HSBC.

“We have reached an agreement with HSBC on legal proceedings regarding Hong Kong’s documentation and the order has been approved by the court,” Huawei said in a statement Monday.

It is not clear which documents Huawei obtained or what the scope of the contract covers. Meng’s team searched for internal compliance documents related to Huawei and Skycom.

During the transfer procedure in Canada, Meng’s lawyer claimed that the United States had no jurisdiction to file a proceeding.

The final hearing of Meng’s hand-over battle is scheduled to end in Vancouver in May, but appeals could prolong the process.

By Zen Soo

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