Huawei takes HSBC to court as it tries to stop extradition

Huawei's chief financial officer, Meng Wanzhou, is fighting extradition from Canada to the US

Meng Wanzhou, who is the daughter of Huawei's founder, was arrested at Vancouver airport on 1 December 2018 because the US wants her to stand trial on charges including fraud. These are linked to the alleged violation of US sanctions against Iran, allegations she denies.What is Huawei and why is it being banned?

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. But it was more than five years after the meeting that she was detained.One part has involved claiming the US omitted key information on two slides which showed HSBC was not, in fact, being kept in the dark about the true nature of the Skycom/Huawei relationship and she was clear about it.

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Huawei to seek UK court order to access HSBC records in bid to clear CFOChinese company turns to UK high court in attempt to stop extradition of Meng Wanzhou from Canada to the US oh but hsbc already a ccp loyalist If HSBC is conspiring with US gov, pretending not knowing what they'd already known and leaked client's privacy for political reasons, then it is well within Huawei's rights to file the case.
Source: The Guardian - 🏆 84. / 53 Read more »

Human rights and climate crisis give HSBC an image problemThe bank, which is due to reveal its annual results this week, faces more challenges than the impact of Covid-19 on profits it's more like a being a pile of shit problem actually Hugely Shit Banking Corporation 'It has faced criticism in the west for supporting China’s controversial security law, and for freezing the accounts of pro-democracy protesters..' Time to kick HSBC out of Canada.
Source: The Guardian - 🏆 84. / 53 Read more »