Feb 12, 2021

Huawei takes HSBC to court as it tries to stop extradition

The Chinese telecoms giant Huawei is taking the bank HSBC to court in the UK as part of its attempt to prevent the extradition of its chief financial officer from Canada to the US. Meng Wanzhou was arrested in Canada on a US request over claims she misled HSBC in a 2013 meeting. Huawei now hopes to gain access to HSBC documents that could help it undermine the US case for her extradition. The US alleges that in the meeting Ms Meng misled HSBC over the true nature of Huawei's relationship with Skycom and this, in turn, put the bank at risk of violating sanctions against Iran. Now, her lawyers have made an application to the UK high court under the Bankers Book Evidence Act to access relevant information kept in HSBC's books. In response, a spokesperson for HSBC said: "This application for disclosure in the UK is without merit. HSBC is not a party to the underlying criminal case in the US or the extradition proceeding in Canada. It would be inappropriate to comment further on an ongoing legal matter."

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