London-headquartered multinational bank HSBC took to social media to say it was not, as Chinese media claimed, “fabricating evidence” against Huawei, which led to the arrest of the company’s chief financial officer in Canada.
In a now-unavailable post on WeChat, the lender said that its actions did not trigger US investigations into the world’s largest supplier of telecommunications network equipment, as the scrutiny of Huawei for allegedly violating US sanctions on Iran began well before the bank’s involvement in late 2016.
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