US resumes talks with Huawei CFO on resolving criminal charges: report


You Might Also Like

– Advertisement –

The deal would allow Meng Wanzhou to return to China after his arrest on fraud charges in December 2018

– Advertisement –

The US Department of Justice (DOJ) is in talks with lawyers for Huawei and its chief financial officer Meng Wanzhou about a deal that could allow it to return to China, the Globe and Mail reported on Friday, citing Canadian sources. Told.

Stocks in this article

hsba.l No
hwt.ul No

Meng was arrested at Vancouver International Airport on a United States warrant in December 2018 on charges of fraud for allegedly misleading HSBC about Huawei’s business deals in Iran.


The report quoted sources as saying that if Meng admits his mistake and pays a hefty fine, the US is prepared to request an extradition and end criminal proceedings against Meng.

Republican lawmakers flagged off reports of Biden Administration Greenlight chip sales to Huawei

– Advertisement –

The newspaper, citing two of its sources, said that talks between the two sides have been going on for weeks.

Huawei and the US Justice Department did not immediately respond to requests for comment.

Meng, who has maintained her innocence and is fighting extradition, is confined to Vancouver and monitored 24/7 by private security, which she pays for as part of her bail agreement.

The judicial hearing in his extradition case ended in August and the date of judgment was fixed on October 21.

Following Meng’s arrest, China detained two Canadians, one sentenced to 11 years in prison in August on charges of espionage, widely seen as retaliation.

Get Granthshala Business on the go by clicking here

The Globe and Mail report said the development could open the door for China to free Canadians, without citing sources. However, it said Canadians were not involved in Huawei’s talks with the United States.

– Advertisement –

Related News

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending News