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Canadian judge reserves decision on Huawei CFO extradition

A Canadian judge reserved her decision Wednesday on whether a senior executive for Chinese communications giant Huawei Technologies should be extradited to the U.S. after a Canadian Justice Department lawyer wrapped up his case by saying there’s enough evidence to show she was dishonest and deserves to stand trial in the U.S.

Associate Chief Justice Heather Holmes said that on Oct. 21 she will likely announce when she will rule on whether Meng Wanzhou, the chief financial officer for Huawei’s Technologies and daughter of its founder, will be extradited.

Meng was arrested at Vancouver’s airport in late 2018 at the request of U.S. authorities. Her arrest infuriated Beijing, which sees her case as a political move designed to prevent China’s rise.

The U.S. wants Meng extradited to face fraud charges, alleging she committed fraud by misleading the HSBC bank about the company’s business dealings in Iran. It accuses Huawei of using a Hong Kong shell company called Skycom to sell equipment to Iran in violation of U.S. sanctions.

Defense lawyers have argued there isn’t enough evidence to justify her extradition.

But in his final submissions, Justice Department lawyer Robert Frater disputed defense claims there is no evidence Meng made any misrepresentations that put the bank at risk of violating sanctions.

“We say there is a strong case here Ms. Meng was dishonest,” Frater said. “We met our burden.”

By not disclosing Huawei’s true relationship with Skycom, Meng put HSBC at risk of violating U.S. sanctions against Iran, he said.

“HSBC was deprived of a fair opportunity to take the action it needed to take,” Frater told the judge.

He said Meng was honest in parts of her meeting with an HSBC executive, but she didn’t tell “the whole truth and nothing but the truth.”

Frater said the defense is trying to “blame the victim” in saying it was the bank’s decision to transfer money from Skycom through the U.S.

China’s government has criticized the arrest as part of U.S. efforts to hamper its technology development. Huawei, a maker of network equipment and smartphones, is China’s first global tech brand and is at the center of U.S.-Chinese tension over technology and the security of information systems.

Meng, who attended the hearing wearing an electronic monitoring device on her ankle, followed the proceedings through a translator.

Whatever the judge’s decision, it will likely be appealed.

The case has soured relations between Canada and China.

Entrepreneur Michael Spavor and a former Canadian diplomat were detained in what critics labeled “hostage politics” after Huawei’s Meng Wanzhou was arrested Dec. 1, 2018, at the Vancouver airport. They were were arrested in China in apparent retaliation for Meng’s arrest.

A Chinese court this month sentenced Spavor to 11 years in prison for spying.

In another case, the Higher People’s Court of Liaoning province in northeast China rejected an appeal by Canadian Robert Schellenberg, whose 15-year prison term on drug smuggling charges was increased to death in January 2019 following Meng’s arrest.

Meng remains free on bail in Vancouver and is living in a mansion.

Beijing denies there is a connection between Meng’s case and the arrests of Spavor and Kovrig, but Chinese officials and state media frequently mention the two men in relation to whether or not Meng is allowed to return to China.

Canada and other countries, including Australia and the Philippines, face trade boycotts and other Chinese pressure in disputes with Beijing over human rights, the coronavirus and control of the South China Sea. The United States has warned American travelers face a “heightened risk of arbitrary detention” in China for reasons other than to enforce laws.

China has tried to pressure Canadian Prime Minister Justin Trudeau’s government by imposing restrictions on imports of canola seed oil and other products from Canada.

Meanwhile, Beijing is blocking imports of Australian wheat, wine and other products after its government called for an investigation into the origin of the coronavirus pandemic.

Source: AP

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Business & Finance

What Are The Things That Make A Party Rental Company Suitable For The Customer?

People who have never had arranged an event on their own may face difficulties in arranging the event. Some features make a rental company perfect for a customer. A customer needs to look at all these features before they choose any event rental company. Every person wants to organize the best kind of event at affordable prices. This condition can only fulfill if the event organizer is taking the help of party rentals that are reliable and affordable.

The first thing you make sure of while hiring a party rental is that the company should be reputed. People residing in Los Angeles can consider choosing party rentals in los angeles that are reliable and have good historical records. Remember, a reputed company can provide you several services and will also leave a good mark behind. The reputation they have gained is not easy to lose, and therefore they give their best from every aspect.

Check Out The Essential Features Of A Rental Company-

Variety In Items

The decorative items, furniture, essentials, cloth, or curtains should have a considerable variety. Variety in these things can help them choose the best items according to their event. Several events take place, for which people can require a different kind of equipment. For instance, people consider cutely decorating the area on a birthday, whereas for weddings, a luxurious interface is created. Therefore the company should understand the requirement of the customer and must provide suitable rental items.

Consider Choosing Environment-Friendly Products

The products available for a party, such as dining plates, dustbin, utensils, and many others, should be environment friendly. Consider avoiding things made of plastic and non-biodegradable item. These things can harm our environment in a very serious way. In an event, plastic consumed and thrown is in high quantity, which should be avoided. Taking these small steps for or environment can help save it for future generations.

Customer Service Of The Company While getting a rental company for your party, it is important to consider their customer service team. If a company does not provide good customer service, it can be a lot of losses. On the other hand, people who choose companies that provide 24/7 customer service can get many great facilities. Such as, they can discuss any problem or preference with the company at any time.

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Non-Fungible Tokens (NFTs): What Do They Mean?

As more individuals become aware of the value of non-fungible tokens, or nft marketing services, they are becoming increasingly popular. Multiple tokens can be distinguished with the help of unique information and identification characteristics. NFTs cannot be traded or exchanged, unlike virtual currencies like Bit coin and Ethereum. They are digital assets on a block chain network that determine the value of actual goods like artwork and property investment.

Crypto currencies, in contrast to non-fungible tokens, are equivalent and may be copied. These traits are advantageous when it comes to currency trading and exchange. NFTs, on the other hand, aid in the more efficient trade of tangible items such as artwork. Block chain applications can reduce the risk of fraud by utilizing tokens.

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NFT craze

The Covid-19 health issue boosted non-fungible coins’ appeal. On the other hand, many experts believe that the NFT frenzy stems from a desire for asset variety and exploration. Due to the capacity to track possession and validity of tangible goods such as artwork, artists have accepted the tokens. Artists can also increase their earnings by selling their work.

NFTs can help artists and other digital items protect their latest products against copying and theft. Authenticating property will be a more realistic way for them to accomplish this goal. To revolutionize the interactive digital market, creators must be empowered. Kings Leon’s legendary offer to fans is another remarkable NFT transaction. They provided vinyl recordings as well as tickets to upcoming tours. 

NFT Properties

A hash is a digital trace that represents tangible objects digitally. The depiction may be the digital asset altogether, vary in scale. It can also take the form of information, which identifies a physical item (off-chain). Experts are looking at developing technological standards that will allow tokens to be interoperable across different block chain technologies. The ERC721 standard, which is linked to the Ethereum network, is used by many non-fungible tokens. Ethereum-based NFTs widely use the ERC20 standard.

NFTs are not subdivided and recognizable due to their non-fungibility. They also have a distinctiveness that prohibits the tokens from being duplicated, traded, or sold.

NFTs can’t do what they are supposed to do unless they are part of a block chain system. They need this ecosystem to conduct the cashless transaction. The block chain system keeps track of when you produce or mint a non-fungible currency. You can use the currency to trade on retail businesses and auction sites once it has been established.

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What Are The Signals That Indicate The Immediate Requirement Of A Tax Attorney?

Nowadays, almost every individual pays tax; the amount of tax can vary according to the individual’s income. Any person who is involved in a huge amount of tax payment should have a tax attorney. These people can help the individual in several ways and save them from any far-coming problem from the tax authority. While hiring an orange county tax lawyer, the person should remember to check the historical status of the lawyer.

Many signals indicate that the individual requires urgent requirements of a tax attorney. For example, anybody involved in tax penalties and missed some of their taxes should consider visiting a tax lawyer. However, most people ignore hiring a tax lawyer at the right time and then face several issues later. Therefore it is important to hire a lawyer as soon as possible after getting into any tax-related cases.

Conditions Where You Require the Help of a Lawyer

  • Facing Charges

If you are involved in any tax crime, such as not paying the tax on time or making any mistake in the payment can involve you in tax charges. It is really important to hire a tax attorney to keep yourself away from any problems and issues in this situation. A normal individual is not known about all the laws and rules related to tax and charges. This is why a person should hire a tax lawyer to get maximum help.

  • Going Through Audit

If you are delaying your tax payment often and making several mistakes, then it is possible that you can get a notice from IRS. Remember, a person can receive a notice from the IRS at any time; therefore, they should remain ready. Going through the audit could be really difficult without the help of a reliable and reputed attorney. In this issue, it becomes necessary to hire a reliable lawyer that can save you from charges.

  • Received Penalties From The Court

It is important to hire an attorney as soon as you get a notice from the court. But if you have delayed, it is essential to hire an attorney when you receive a penalties order. Taking help from orange county tax lawyers can help you in getting deductions and discounts. However, if you consider dealing with the penalties section also on your own, you might have to pay a huge amount of charges.

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