Huawei exec loses UK court bid to access HSBC records

A senior executive for the Chinese tech giant Huawei lost a British High Court bid Friday to access banking records which she said would help her battle extradition from Canada to the US.

Huawei chief financial officer Meng Wanzhou — whose father is the Chinese company’s founder and CEO Ren Zhengfei — has been in a two-year battle against extradition over charges Huawei violated US sanctions on Iran.

Meng is accused in the US of defrauding HSBC by falsely misrepresenting links between Huawei and a company that sold telecoms equipment to Iran.

In the UK ruling, High Court Judge Michael Fordham rejected the application and ordered Meng to pay £80,000 ($111,000, 92,000 euros) towards HSBC’s legal costs.