Canada prosecutors say fraud at heart of Huawei CFO Meng's U.S. extradition case

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Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on...

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VANCOUVER - Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng’s alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.

Over three days of hearings, Meng’s legal team argued that “double criminality” is at the heart of the U.S. extradition request. “Lying to a bank in order to get banking services that creates a risk of economic prejudice is fraud. Fraud not sanctions violations is at the heart of this case,” Canadian prosecutor Robert Frater told the court in his opening remark on Wednesday.

Court proceedings show the United States issued the arrest warrant, which Canada acted on in December 2018, because it believes Meng covered up attempts by Huawei-linked companies to sell equipment to Iran, breaking U.S. sanctions against the country.In their arguments on Wednesday, Canadian prosecutors cited Reuters stories in 2012 and 2013 about Meng, Huawei and a company called Skycom Tech Co Ltd that are cited in her indictment.

The indictment alleges that HSBC and other banks in part relied on Huawei’s false statements – that it had not violated sanctions on Iran and that Skycom was a local partner – to continue doing business with Huawei. The Chinese company has denied any wrongdoing.Meng, the daughter of Huawei’s billionaire founder Ren Zhengfei, remains free on bail in Canada, and has been living in a mansion in Vancouver’s exclusive Shaughnessy neighborhood.

Unlike the United States, Canada did not have sanctions against Iran at the time Canadian officials authorized commencing with the extradition, her lawyers have said.

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“Canadian prosecutors have told the British Columbia Supreme Court that Meng was arrested on charges of bank fraud, which is a crime in both” the US and Canada. But U.S. allegations she violated U.S. sanctions against Iran loom large.

Just countering Huawei by the US tech giants

its not our business. US authorities wanted her, they should get her. this shouldn't be a trial or debate. why are we in the middle of a China and USA problem ? this is nuts. already had an Ambassador lose his job over it, and that was bullshit. how much more tax dollars to use ?

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