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Appeals Court Increases Sentences in Fraud Case Related to Hong Kong-Zhuhai-Macao Bridge
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Huawei s CFO Meng Wanzhou sues HSBC in Hong Kong Quartz 2/26/2021 © Provided by Quartz Meng Wanzhou walks out of court wearing an ankle monitor
The CFO of Chinese technology giant Huawei is suing HSBC in Hong Kong to obtain documents that she believes will help her fight a US extradition request, just days after losing a similar case before the UK High Court of Justice.
Meng Wanzhou, who is also the daughter of Huawei founder Ren Zhengfei, has been on house arrest in Vancouver since Dec. 2018. Canadian authorities arrested her at the request of the US, which alleges that she committed bank and wire fraud, and has asked to extradite her so she can face trial in the Eastern District of New York. This sprawling case of US sanctions violations is ongoing and Meng, who says she is innocent of the charges, hopes her lawsuit against HSBC might help her convince Canadian courts to deny the US extradition request.