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HSBC, Huawei Reach Agreement in Hong Kong Case Seeking Documents

HSBC and Huawei CFO reach documents deal amid extradition case

HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to fraud allegations in the United States against her, their lawyers told a Hong Kong court. The judge, Linda Chan, made court orders along the lines of the agreement, she said on Monday. The orders were, however, not immediately available. The legal dispute reached the Hong Kong court last month after a British judge in February blocked the release of internal HSBC documents relating to the fraud allegations against Meng. Meng, who has been under house arrest in Canada since being detained at Vancouver’s airport in 2018, is facing charges of bank fraud in the US for allegedly misleading HSBC about Huawei dealings in Iran, causing the bank to violate US sanctions.

Huawei s CFO Meng Wanzhou takes HSBC to Hong Kong court to gain documents

Huawei s CFO Meng Wanzhou takes HSBC to Hong Kong court to gain documents
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Huawei s CFO takes HSBC to Hong Kong court to gain documents

Huawei s CFO takes HSBC to Hong Kong court to gain documents Denise Wee and Kiuyan Wong, Bloomberg News Meng Wanzhou, chief financial officer of Huawei Technologies Co., leaves her home to attend Supreme Court in Vancouver, British Columbia, Canada, on Friday, Jan. 29, 2021. , Bloomberg Huawei Technologies Co.’s chief financial officer summoned HSBC Holdings Plc’s local unit to a Hong Kong court hearing in an effort to gain access to documents relating to transactions that violated U.S. sanctions targeting Iran. Lawyers of Meng Wanzhou, Huawei founder Ren Zhengfei’s daughter who’s fighting extradition to the U.S. from Canada, have summoned Hong Kong & Shanghai Banking Corp. to attend a closed door hearing on March 12 at Hong Kong High Court, according to a filing.

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