Huawei CFO Back in Canada Court in Extradition Case as US Negotiates Resolving Charges

Huawei Technologies Chief Financial Officer Meng Wanzhou arrives at court in Vancouver | Photo: REUTERS
Huawei Technologies Chief Financial Officer Meng Wanzhou arrives at court in Vancouver | Photo: REUTERS
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Huawei CFO Back in Canada Court in Extradition Case as US Negotiates Resolving Charges

Huawei Technologies Chief Financial Officer Meng Wanzhou arrives at court in Vancouver | Photo: REUTERS
Huawei Technologies Chief Financial Officer Meng Wanzhou arrives at court in Vancouver | Photo: REUTERS

Huawei Chief Financial Officer Meng Wanzhou will return to a Canadian court on Monday as witness testimony in her US extradition case resumes, amid news last week that her lawyers and US prosecutors held talks to reach a deal that could see her release and to return to China after two years of house arrest.

Meng, 48, was arrested in Canada in December 2018 on a warrant from the United States. She is facing charges of bank fraud for allegedly misleading HSBC Holdings Plc about Huawei Technologies Co Ltd’s business dealings in Iran, causing the bank to break US sanctions.

She has said she is innocent and is fighting the extradition from under house arrest in Vancouver.

US prosecutors are discussing a deal with lawyers for Huawei’s Meng to resolve criminal charges against her, a person familiar with the matter said on Thursday, signaling a potential end to a case that has strained ties between the United States, China, and Canada.

Her lawyers have argued in the British Columbia Supreme Court that Meng’s extradition should be thrown out based on alleged abuses of process that took place during her investigation by Canadian border officials and subsequent arrest by police.

They have also claimed the case has been politicized to the point where Meng would not receive a fair trial in the United States, pointing to comments made by President Donald Trump in an interview with Reuters in December 2018 about his willingness to use Meng as a bargaining chip in trade talks with China.

In previous weeks of witnesses’ cross examinations, officials from the Canada Border Services Agency (CBSA) and the Royal Canadian Mounted Police (RCMP) testified in the court that the process leading up to Meng’s investigation and arrest was rushed but by the book.

Prosecutors are arguing that Meng’s extradition is valid and procedures were followed.

Meng’s arrest caused a chill in diplomatic relations between Ottawa and Beijing. Shortly after Meng was detained, China arrested two Canadian men - Michael Kovrig and Michael Spavor - who now face spying charges.

On Friday, Canadian Prime Minister Justin Trudeau said the release of the two Canadians was his “top priority”, while declining to comment on the talks to release Meng.

Meng’s case is scheduled to wrap up in April 2021.



Lucid Joins 'Made in Saudi' Program

Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
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Lucid Joins 'Made in Saudi' Program

Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA

Lucid Motors, a leading electric vehicle manufacturer, has joined the Made in Saudi program, earning the right to use the "Made in Saudi" logo on its products, a symbol of quality, excellence, and customer trust reflecting the Kingdom's dedication to establishing itself as a global leader in innovative manufacturing.
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo. This feat underscores Lucid's ability to produce world-class electric vehicles with Saudi expertise and highlights its role in advancing the Kingdom's automotive industry.
In a statement, Minister of Industry and Mineral Resources Bandar Alkhorayef emphasized that Lucid's inclusion in the Made in Saudi program as the first car manufacturer to feature the "Made in Saudi" logo signifies the Kingdom's strategic transformation towards establishing a comprehensive ecosystem for the electric vehicle sector.

According to SPA, this aligns with the objectives of the National Industrial Strategy, which focuses on empowering key sectors and attracting high-quality investments in advanced industries.
Alkhorayef emphasized that Saudi Arabia has become a key center for producing electric vehicles, supported by modern infrastructure, attractive incentives, and a skilled workforce. He stressed that the presence of major companies like Lucid bolster the Kingdom's position as a global hub for future industries, boosting local content, non-oil exports, and knowledge transfer.
The ministry is committed to creating an investment environment that supports leading companies and enables them to contribute to industrial transformation and innovation, in line with the Kingdom's vision for a sustainable future driven by modern technologies, he added.
Lucid's inclusion in the Made in Saudi program, overseen by the Saudi Export Development Authority, aligns with the program's goals to enhance the appeal of the Saudi industrial sector, boost local product consumption, drive local and foreign investments, support local companies in expanding globally, increase Saudi non-oil exports, and promote economic sustainability.