The #MengWanzhou extradition proceedings are about to begin for the day. Defence lawyer Richard Peck said he expects to take another hour - interesting to hear the response from the Crown soon cbc.ca/news/canada/br…
I see the judge overseeing the hearing has denied an application from #MengWanzhou to introduce evidence from a Huawei accountant who would have said HSBC didn't really risk losing any money - suggesting the allegation of fraud could not be supported bccourts.ca/jdb-txt/sc/21/…
The judge echoes the Crown's point on this element of the #MengWanzhou case: "The simple fact of a loan, even a loan that has been repaid, may satisfy the deprivation element of fraud. The law does not require an assessment of the risk of non-repayment."
Also the judge says the U.S. "is not attempting to tie the impact of the alleged misrepresentations to specific transactions. It relies instead on the broad theory that HSBC continued its banking relationship with Huawei as a result of Ms. Meng’s misrepresentation ...."
Peck is done now ... and #MengWanzhou lawyers have completed the defence submissions ... the Crown starts ... when we come back after the break!
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