HSBC has agreed to hand over documents to Huawei that the bank gave to US prosecutors after legal pressure by the Chinese technology group as it attempts to block the extradition of its chief financial officer from Canada to the US.
The US Department of Justice had obtained the documents from HSBC as part of its investigation into whether Huawei breached sanctions against Iran, resulting in the arrest of Meng Wanzhou, who is also the daughter of Huawei’s founder, on charges of fraud.
Huawei had taken HSBC to court in London and Hong Kong in an attempt to access materials the lender gave to US prosecutors as part of their probe.
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