HSBC, Huawei CFO reach deal on documents linked to extradition case

HSBC and Huawei CFO Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to US fraud allegations against her.

AP
Meng Wanzhou, under house arrest in Canada since 2018, is facing charges of bank fraud in the US for allegedly misleading HSBC about Huawei dealings in Iran.
Hong Kong | Shenzhen: HSBC and Huawei Technologies' Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to US fraud allegations 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 the Vancouver airport in 2018, is facing charges of bank fraud in the United States for allegedly misleading HSBC about Huawei dealings in Iran, causing the bank to violate US sanctions.

Meng, who says she is innocent, was seeking the publication of documents relating to her ongoing efforts to battle extradition from Canada to the US

Responding to Reuters' request for comment on Monday, a Huawei spokesman and an HSBC spokeswoman said they had reached an agreement, but did not provide any further details.
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