Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Huawei pushes US to release secret files on HSBC-Meng Wanzhou ties as legal battle broadens

Huawei pushes US to release secret files on HSBC-Meng Wanzhou ties as legal battle broadens

Huawei’s lawyers filed letter with US Court for the Eastern District of New York, requesting results of previous investigations into HSBC. Chinese tech giant claims HSBC knew of Meng Wanzhou’s business dealings with Iran before key meeting in 2013

Huawei Technologies has asked the US government to release a long list of documents related to the extradition case against chief financial officer Meng Wanzhou, according to a letter filed by the company’s US lawyers to the Court for the Eastern District of New York.

In the letter, seen by the South China Morning Post, Huawei’s lawyers wrote that the US government possesses documents that “appear certain” to prove that Meng did not dupe HSBC into handling Iran-related transactions – a core element of US efforts to extradite Meng, the daughter of Huawei founder Ren Zhengfei, from Canada.

The letter, filed by lawyers at New York-based Sidley Austin and Washington-based Jenner & Block, marks a broadening in Huawei’s long legal battle over the extradition of Meng.

Meng was detained at Vancouver International Airport in December 2018 on an arrest warrant issued by US authorities who want her to face trial in New York on bank fraud charges.



Huawei is attempting to disprove allegations that in a 2013 meeting, Meng lied to HSBC over the company’s relationship with Skycom, an affiliate that was doing business in Iran. US prosecutors claim that Meng had put HSBC at risk of breaching US sanctions on Iran, and her PowerPoint presentation – delivered at the 2013 meeting – is a central piece of evidence.

The letter alleges that US prosecutors ignored HSBC’s sanctions violations in Iran in exchange for the bank’s cooperation in advancing a “years-long but fruitless” investigation of Huawei.

“The [US] government agreed to overlook HSBC’s continued misconduct, electing not to punish the bank, prosecute its executives, or even extend the monitorship.

“In return, HSBC agreed to cooperate in the government’s efforts to depict Huawei as the mastermind of HSBC’s sanctions violations and supply witnesses to the government’s stalled investigation of Huawei, falsely claiming among other things that HSBC was misled about the relationship between Skycom and Huawei and about the business those companies did in Iran,” the lawyers wrote.

HSBC said in a statement provided to the Post that “the US Justice Department determined that HSBC met all of its obligations, including its sanctions obligations, under its 2012 Deferred Prosecution Agreement”.



Specifically, Huawei is requesting that the US government disclose the results of investigations into HSBC conducted by law firm Latham & Watkins eight years ago, and by Michael Cherkasky, an American lawyer installed in HSBC’s operations by the Department of Justice as an independent monitor. Huawei described both as “central documents in this case”.

The documents “establish the falsity of the government’s allegations that Huawei misled HSBC about its relationship with Skycom and its business activities in Iran, and that Huawei engaged in fraud to convince HSBC to undertake Iran-related transactions on Huawei’s or Skycom’s behalf”, the letter read.

On top of that, Huawei is requesting to see documents related to both its own and Skycom’s bank accounts, transactions, risk committee documents at HSBC and other banks, internal compliance policy documents at the banks, as well as documents relating to the termination of relationship between HSBC and Huawei.

The lawyers also requested documents related to Reuters news reports in late-2012 and early-2013, which revealed Huawei’s activities, via Skycom, in Iran. US prosecutors now must decide whether to turn over the documents as requested.

A previous Post report cited three documents that showed HSBC had been aware of Huawei’s businesses in Iran before the presentation in 2013.

Meng’s arrest has angered the Chinese government, which sees it as a political move by the US and an effort to cripple Huawei’s business and even China’s technology development. China arrested two Canadians, Michael Kovrig and Michael Spavor, days after Meng’s arrest in Vancouver, although Beijing denied the arrests were connected.

Huawei has hired a team of lawyers in Canada and the US to defend Meng, who is out on bail and living in her US$13 million house in a high-end Vancouver neighbourhood. Kovrig and Spavor have been denied access to lawyers since their detention in China.

China’s Ministry of Foreign Affairs said in December 2019 that the Canadians’ cases have been handed over to prosecutors. Former diplomat Kovrig has been charged with “gathering state secrets and intelligence for abroad”, while Spavor, who also promoted tourism and investment in North Korea, was accused of “stealing and providing state secrets for abroad”.

In a separate case, Huawei filed a lawsuit in March 2019 in the US, arguing the US law banning federal agencies and contractors from buying and using its equipment is unconstitutional. This week, a US court rejected Huawei’s challenge.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Trump Called Viktor Orbán: "Why Are You Using the Veto"
Horror in the Skies: Plane Engine Exploded, Passengers Sent Farewell Messages
AI in Policing: Draft One Helps Speed Up Reports but Raises Legal and Ethical Concerns
Shame in Norway: Crown Princess’s Son Accused of Four Rapes
Apple Begins Simultaneous iPhone 17 Production in India and China
A Robot to Give Birth: The Chinese Announcement That Shakes the World
Finnish MP Dies by Suicide in Parliament Building
Outrage in the Tennis World After Jannik Sinner’s Withdrawal Storm
Class Action Lawsuit Against Volkswagen: Steering Wheel Switches Cause Accidents
UK Government Tries to Sue 4chan for Breaching Online Safety Act
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Cambridge Dictionary Adds 'Skibidi,' 'Delulu,' and 'Tradwife' Amid Surge of Online Slang
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
The CEO Who Replaced 80% of Employees for the AI Revolution: "I Would Do It Again"
"Every Centimeter of Your Body Is a Masterpiece": The Shocking Meta Document Revealed
Character.ai Bets on Future of AI Companionship
China Ramps Up Tax Crackdown on Overseas Investments
Japanese Office Furniture Maker Expands into Bomb Shelter Market
Intel Shares Surge on Possible U.S. Government Investment
Hurricane Erin Threatens U.S. East Coast with Dangerous Surf
EU Blocks Trade Statement Over Digital Rule Dispute
EU Sends Record Aid as Spain Battles Wildfires
Beijing is moving into gold and other assets, diversifying away from the dollar
China Requires Data Centres to Source Majority of AI Chips Locally, For Technological Sovereignty
Escalating Clashes in Serbia as Anti-Government Protests Spread Nationwide
Category 5 Hurricane in the Caribbean: 'Catastrophic Storm' with Winds of 255 km/h
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Digital Humans Move Beyond Sci-Fi: From Virtual DJs to AI Customer Agents
YouTube will start using AI to guess your age. If it’s wrong, you’ll have to prove it
Jellyfish Swarm Triggers Shutdown at Gravelines Nuclear Power Station in Northern France
OpenAI’s ‘PhD-Level’ ChatGPT 5 Stumbles, Struggles to Even Label a Map
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
The World Economic Forum has cleared Klaus Schwab of “material wrongdoing” after a law firm conducted a review into potential misconduct of the institution’s founder
A Computer That Listens, Sees, and Acts: What to Expect from Windows 12
Bitcoin hits $123,000
Southwest Airlines Apologizes After 'Accidentally Forgetting' Two Blind Passengers at New Orleans Airport and Faces Criticism Over Poor Service for Passengers with Disabilities
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Russian Forces Advance on Donetsk Front, Cutting Key Supply Routes Near Pokrovsk
It’s Not the Algorithm: New Study Claims Social Networks Are Fundamentally Broken
Sixty-Year-Old Claims: “My Biological Age Is Twenty-One.” Want the Same? Remember the Name Spermidine
Saudi Arabia accelerates renewables to curb domestic oil use
The Billion-Dollar Inheritance and the Death on the Railway Tracks: The Scandal Shaking Europe
World’s Cleanest Countries 2025 Ranked by Air, Water, Waste, and Hygiene Standards
Denmark Revives EU ‘Chat Control’ Proposal for Encrypted Message Scanning
Perplexity makes unsolicited $34.5 billion all-cash offer for Google’s Chrome browser
Cristiano Ronaldo and Georgina Rodríguez announce engagement
×