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Saturday, June 12, 2021

Huawei v HSBC in UK Courts

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Graham Perry
Experienced Arbitration Lawyer | China & Chinese Business Affairs | Public Speaker/Lecturer.

Huawei has asked a UK court to force HSBC to hand over records, it maintains, will strengthen Huawei’s case against the extradition of Meng Wanzhou to the US.

Meng was detained in 2018 to face charges of bank + wire fraud relating to allegations that Huawei carried on business in Iran in contravention of US sanctions.

HSBC provided information to Trump-inspired US prosecutors pursuing Meng/Huawei. M/H want access to documents relating to a meeting between Meng + a senior banker at a restaurant in HK in August 2013.

Huawei launched proceedings in the UK under an 1879 Bankers Book Evidence Act which permits a UK court to order an inspection of accounts. HSBC say the Act should not be used to obtain evidence for use in foreign criminal proceedings.

This is the US/China power struggle being played out in UK courts. It matters to China + it matters to HSBC – the top bank in HK.

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