Huawei CFO Meng Wanzhou loses key court fight against extradition to US

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VANCOUVER/TORONTO (REUTERS) - Huawei Technologies' chief financial officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday (May 27) as she tries to avoid extradition to the United States to face bank fraud charges.. Read more at straitstimes.com.

VANCOUVER/TORONTO - Huawei Technologies' chief financial officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to avoid extradition to the United States to face bank fraud charges.They accuse her of bank fraud for misleading HSBC about Huawei's relationship with a company operating in Iran, putting HSBC at risk of fines and penalties for breaking US sanctions on Teheran.

But British Columbia's Superior Court Associate Chief Justice Heather Holmes disagreed, ruling the legal standard of double criminality had been met. The ruling paves the way for the extradition hearing to proceed to the second phase starting June, examining whether Canadian officials followed the law while arresting Meng.Reid Weingarten, a US lawyer for Meng, said Meng should"not be a pawn or a hostage" in the China-US relationship.

 

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