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Huawei will take judicial action against HSBC to obtain key documents like account books

Huawei’s chief financial officer Meng Wanzhou ’s lawyer will apply to the London High Court to obtain key documents such as HSBC’s account books.

Huawei’s move is intended to prove that the US accusation that Meng Wanzhou ‘concealed’ Huawei’s association with Hong Kong Starcom Technology Co., Ltd. and misled HSBC to continue to provide services to Huawei.

The BBC stated that this was part of Huawei’s efforts to prevent Meng Wanzhou’s extradition from Canada to the United States. The Guardian stated that Huawei will apply to the London High Court to obtain key documents like HSBC’s account books in accordance with the Bank Bookkeeping Evidence Act.

According to the bill, parties can seek court orders to obtain, inspect and copy documents such as ledgers, cash books, and accounting books. As per the report, the United States earlier submitted the ‘Case Prosecution Record’ to the Canadian court that Meng Wanzhou had ‘concealed.’

The relationship between Huawei and Hong Kong Xingtong Technology Co., Ltd. (Hong Kong Xingtong), ‘Misleading’ HSBC to continue to provide banking services to Huawei, HSBC violated the US sanctions against Iran, facing the ‘risk’ of civil and criminal fines, Meng Wanzhou constituted a ‘fraud’ against HSBC.

The ‘only key evidence’ in this case is a PPT file that Meng Wanzhou gave to HSBC. The public materials add the complete text of the PPT, as well as the business email records of HSBC and Huawei.

The Guardian quoted lawyer Meng Wanzhou as saying that the PPT submitted to HSBC was edited in order to make people feel that she had misrepresented the relationship between Huawei and Xingtong.

(Source)

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