HSBC denies reports that it ‘fabricated evidence’ on Huawei which led to the arrest of its chief financial officer

HSBC denies reports that it ‘fabricated evidence’ on Huawei which led to the arrest of its chief financial officer

Beijing: London-based HSBC bank has denied Chinese media reports that it had “framed” telecom giant Huawei or “fabricated evidence” that led to the arrest of a top company official. Washington’s investigations into Huawei — for allegedly violating US sanctions on Iran — started before the bank’s involvement with the company in late 2016, the lender … Read more