Saudi FM discusses Syria's security and stability with Ahmed Al-Sharaa    Governor of NDF highlights development strategies at King Abdulaziz University panel    Trump shrugs off Elon Musk's criticism of AI announcement    Bank of Japan raises rates to highest in 17 years    Israel seeks to remain in Lebanon past Sunday withdrawal deadline    Firefighters make progress on Hughes fire as more fires erupt in Southern California    Trump says he will appeal federal judge's decision to temporarily block birthright order    China sentences man to death over attack on Japanese school bus    Injured Djokovic booed off after quitting semi-final    Alkhorayef meets global executives at WEF to boost Saudi industrial growth    Saudi crown prince and US secretary of state discuss over phone ways to enhance cooperation    NMC: Most Saudi regions to witness rain of varying intensity until Monday    Why do athletes earn such high incomes?    1.4 billion people traveled internationally in 2024 as tourism returns to pre-pandemic highs    Julian Quinones' brace secures Al Qadsiah's 2-0 win over Al Orobah    Al Ittihad defeats Al Shabab 2-1 to stay in title race with Al Hilal    Tina Turner's lost Private Dancer song rediscovered    Comeback queens, blockbusters and Succession stars: The Oscar nominations previewed    Dangerous drug-resistant bacteria are spreading in Ukraine    France issues health warning as tons 'aphrodisiac honey' seized    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Legal filings show HSBC is US's 'accomplice' in Meng case
Published in The Saudi Gazette on 01 - 10 - 2020

The latest court filings of Huawei Chief Financial Officer Meng Wanzhou's case in British Columbia's Supreme Court of Canada showed Meng was falsely charged with her lawyers arguing the documents submitted by US prosecutors have been improperly tailored to support the accusation against Meng.
Meng is accused of lying to an HSBC executive in Hong Kong in August 2013 about Huawei's relationship with Skycom, a company which the US government charged violated its sanctions on Iran.
But in new court filings published on Thursday, Meng's lawyers are arguing the documents submitted by US prosecutors have been improperly tailored to support the accusation against Meng.
They said US prosecutors have selectively quoted evidence, causing inaccuracies and distortions in several aspects, including the summary of the PowerPoint presentation Meng is alleged to have given to the HSBC executive.
The defense team said the summary of the PPT is misleading because it left out critical disclosures Meng made in the PPT regarding Huawei's relationship with Skycom.
The omitted statements include "As a business partner of Huawei, Skycom works with Huawei in sales and service in Iran" and Huawei "has a normal and controllable business cooperation with Skycom".
They argued the omissions show Meng gave the bank the facts it needed to assess the risk of doing business with Huawei.
Observers said that HSBC played the role of Washington's accomplice to politicize the case. Zhang Tengjun, assistant research fellow at the Beijing-based China Institute of International Studies, said Meng's case is "essentially a political game the US government has been playing to derail China's technology development... the US government ...cannot accept (Huawei) as a global leader in 5G technology."
"The case is purely politically driven," Zhang added.
HSBC did not immediately respond to requests for comment. Observers said the banking institution has played an improper role in Meng's case, which undermined its credibility as a trustworthy partner, and that HSBC has provided crucial "evidence" to the US side that served to misrepresent the facts in the case against Meng. It represented a deliberate coordination with the US government.
Meng's lawyers also argued HSBC claimed it had extended $900 million to Huawei following Meng's alleged lies, but the bank's portion of that amount was actually $80 million, and the $900 million was never drawn by Huawei.
Arrested in December 2018 by Canadian police at the US's request, Meng remains under detention in Canada after a Canadian judge ruled in May the extradition case against Meng could proceed. Both Meng and Huawei have repeatedly denied any wrongdoing.
In new court filings, Meng's legal team is also alleging abuse of process by the US government and seeking a stay of extradition proceedings, a request expected to be heard in court in early 2021, according to a report from Canadian outlet The Globe and Mail.
Noting senior members of the US administration intend to use Meng "as a bargaining chip in a trade dispute," Meng's lawyers said the US government's stated willingness to intervene in the case is "offensive and ominous".
"These proceedings have been poisoned. They can no longer be reasonably regarded as fair, regardless of the undoubted good faith of the court," the Huawei CFO's legal team said.
Chinese Foreign Ministry spokesman Zhao Lijian said in May that China expresses its strong dissatisfaction and firm opposition to a Canadian court's ruling on the case against Meng, and has made solemn representations to Canada on the issue.
Last month, Zhao said the case is a "serious political incident," which has revealed the US' political calculations to purposefully suppress Huawei and other Chinese tech companies.


Clic here to read the story from its source.