Huawei files application in Canada to stay extradition of CFO

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEFAJ264_L.jpg
© Reuters. Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to appear in British Columbia supreme court in Vancouver© Reuters. Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to appear in British Columbia supreme court in Vancouver

(Reuters) – Huawei Technologies Co Ltd lawyers have filed an application to a Canadian court to immediately stay the extradition proceedings of the company’s Chief Financial Officer Meng Wanzhou to the United States, a company spokesman said on Wednesday.

Huawei spokesman Benjamin Howes told Reuters in an email the extradition fails to meet Canadian standards of double criminality.

Meng, 47, was arrested at the Vancouver International Airport on Dec. 1 at the request of the United States, where she is charged with bank fraud and accused of misleading the bank HSBC about Huawei Technologies’ business in Iran. She has said she is innocent and is fighting extradition.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment