Canada court adjourns Huawei exec's extradition battle

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Meng Wanzhou faces charges of fraud linked to violations of sanctions against Iran if extradited. FMTNews

VANCOUVER: The Canadian court tussle over the arrest of a Huawei telecoms executive was put in limbo Thursday when a judge adjourned the case that pits the United States against China.

“I’m reserving judgement,” British Columbia Supreme Court Justice Heather Holmes said at the end of a four-day hearing. Four days of legal arguments this week focused on whether the US charges would stand up in Canada, a key test for extradition. She rarely cracked a smile in court and followed proceedings diligently, listening with an interpreter’s help, flipping through documents and stepping out during breaks to chat with her husband in the public gallery.Authorities allege that Meng lied to the HSBC bank about Huawei’s relationship with its Iran-based affiliate Skycom, putting the bank at risk of violating US sanctions.

HSBC would go on to coordinate a US$1.5 billion syndicated loan to Huawei, contributing US$150 million of its own funds, while its American branch cleared millions of dollars worth of transactions related to Skycom.

 

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