Lawyer for Meng Wanzhou argues new evidence would challenge HSBC loan loss risk

VANCOUVER — A lawyer for Huawei’s chief financial officer is asking a B.C. Supreme Court judge to admit new evidence in her extradition case.

Frank Addario says the evidence should be allowed if the Crown plans to argue that an international bank at the centre of Meng Wanzhou‘s fraud case suffered a real risk of loan loss as a result of her alleged actions.

0:52 Meng Wanzhou defence says Donald Trump comments tainted process

Meng is accused of misrepresenting Huawei’s control over technology company Skycom in a presentation to HSBC, putting the bank at risk of violating U.S. sanctions against Iran.

Both she and Huawei deny the allegations.

0:47 Trudeau calls it ‘obvious’ that the 2 Michaels were arrested on ‘trumped up national security charges’

Addario says the evidence is an affidavit from an accountant that details credit facilities and loans issued by HSBC to Huawei subsidiaries and suggests there was never a risk of loss.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Sign up for breaking National newsletter Sign Up

By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

Addario also told the court that evidence provided by the United States in the case against Meng is unreliable because it includes a 2017 loan that wasn’t connected to HSBC.

“There never was any risk the bank could incur a loss,” Addario told the judge.

“The court needs accurate evidence about the loans and credit facilities.”