#Huawei, #Meng, #Canada
Ottawa, Jul 24 (Canadian-Media): Lawyers of Meng Wanzhou, Chief Financial Officer of Chinese tech giant Huawei Technologies Co Ltd, had applied July 24 to a Canadian court for a stay in the proceedings for her extradition to the United States (US), media reports said.
Meng Wanzhou. Image credit: Wikimedia Commons
Meng -- the daughter of billionaire Ren Zhengfei, the founder of HSBC, the company at the center of next generation 5G wireless technology -- had been accused by the US authorities of committing bank fraud by misleading Hongkong and Shanghai Banking Corporation Limited (HSBC) about Huawei's relationship with a company operating in Iran.
Headquartered in London, HSBC was established in 1865 to finance the growing trade between Europe, India and China.
By misleading HSBC, Meng had put HSBC at risk of fines and penalties for breaking US sanctions on Tehran.
At a result, Meng was arrested on December 1, 2018 at Vancouver International Airport at the request of US, which is seeking her extradition.
Both Meng and Huawei have repeatedly denied any wrongdoing.
The arguments put forward by Meng's lawyers was that US President Donald Trump and other senior members of the administration intend to use Meng "as a bargaining chip in a trade dispute," the New York Times reported.
Meng's lawyers also said that the US misled Canada about the evidence in Meng's case.
China had expressed strong dissatisfaction and firm opposition to a Canadian court's ruling on the case against Meng.
Meng's lawyers filed a memo of arguments on June 15 with the Supreme Court of British Columbia to fight extradition of Meng to the US on bank fraud charges.