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4/21/2021, 10:48 PM (Source: TeleTrader)
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Huawei CFO's extradition hearing adjourned until August

The Supreme Court of British Columbia in Vancouver, Canada, ruled on Wednesday to adjourn until August the extradition hearing for Meng Wanzhou (pictured), Huawei Technologies Co. Ltd. chief financial officer.

The adjournment was requested by Meng's legal team, which asked for extra time to analyze the documents released by HSBC Holdings plc.

Meng stands accused of misleading HSBC regarding Huawei's dealing in Iran, and consequently putting the bank at risk of breaching the sanctions that the United States imposed on the Asian country.

Baha Breaking News (BBN) / BU