Huawei Pushes for HSBC Disclosure in Hong Kong

After being rejected in the U.K., Huawei lawyers seek to make a similar push to pressure HSBC to unveil documents they claim will disprove accusations of fraud against chief financial officer Meng Wanzhou.

After a 30-minute hearing at Hong Kong High Court, no ruling was deliberated on whether or not HSBC must provide specific documents related to accusations that Meng misled the British lender about business dealings with Iran during a 2013 meeting.

If proven true, this could help prevent the Huawei CFO and daughter of founder Ren Zhengfei from being extradited to the U.S. to face trial.

The information that Meng is seeking will «go to the heart of her ability to demonstrate that there were material omissions and misstatements» made in the attempt to extradite her to the U.S., according to a report citing a Huawei spokesperson, and that she has no other means to obtain them other than through court approval.

The legal pressure against HSBC to disclose the allegedly revealing documents follow similar attempts made in the U.K. by Huawei lawyers which were rejected by a high court judge.

Another one-day hearing for the case in Hong Kong is scheduled for April 12.