Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Huawei lawyers wrap up arguments in Canadian court, saying U.S. extradition case is 'ineffective'

Published 29/09/2020, 08:15
Updated 29/09/2020, 22:00
© Reuters. Huawei Technologies Chief Financial Officer Meng Wanzhou leaves a court hearing in Vancouver

By Moira Warburton and Tessa Vikander

VANCOUVER (Reuters) - Lawyers for Huawei Technologies Chief Financial Officer Meng Wanzhou wrapped up their arguments in a Canada courtroom on Tuesday, calling the United States extradition request "ineffective," and sought to add a new charge in their effort to stay the case.

Meng, 48, was arrested in December 2018 on a warrant from the United States charging her with bank fraud for misleading HSBC (L:HSBA) about Huawei's business dealings in Iran and causing the bank to break U.S. sanctions law.

The daughter of billionaire Huawei founder Ren Zhengfei, Meng has said she is innocent and is fighting extradition from under house arrest in Vancouver.

The arrest has strained China's relations with the United States and Canada. Soon after Meng's detention, China arrested Canadian citizens Michael Spavor and Michael Kovrig, charging them with espionage.

Meng arrived at the British Columbia Supreme Court on Tuesday wearing a plum purple dress with her hair down and sat in a booth next to her translator. The hearings are the latest in her extradition case, which is expected to finish in April 2021.

Over the course of Monday and Tuesday morning, Meng's lawyers pushed for an additional allegation of abuse of process to be added.

The hearings - which are scheduled for five days but could wrap up by Wednesday - are referred to as Vukelich hearings, meaning the judge must decide whether the defence's latest allegation is plausible enough to be worth fully litigating.

If the judge rules in Meng's favor, an additional set of hearings will be added to the case schedule to argue the allegation.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The crux of Meng's argument is that the United States misrepresented the case when it requested Canadian officials to arrest her. U.S. authorities charged that Huawei misled HSBC about the company's business in Iran, relying on a PowerPoint presentation given by Meng to HSBC.

The United States has used part of the presentation as proof of the alleged fraud, but Meng and her lawyers argue otherwise.

"No banker would leave that meeting thinking that Huawei had distanced itself from Skycom," Frank Addario, one of Meng's lawyers, told the court on Tuesday.

Huawei has long described Skycom Tech Co Ltd as a separate local business partner in Iran, but the U.S. indictment alleges Huawei controlled Skycom and used it to violate American sanctions.

Addario said the United States' case for extradition is "based on so many omissions and misrepresentations that it's unreliable and ineffective," adding that "HSBC knew what it was getting into."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.