Huawei executive arrested for fraud in Canada reached deal with U.S. prosecutors and reportedly returning to China

The chief financial officer of Chinese telecommunications giant Huawei has reached a deal with prosecutors to resolve the U.S. charges that led to her being detained in Canada for nearly three years.the US Department of Justice said on Friday.

In a case filed in federal court in Brooklyn, New York, the Justice Department said on Friday that it would present, along with attorneys representing Huawei executive Meng Wanzhou, a “resolution” to the politically controversial felony charges brought against you.

Both parties will present the draft resolution to the judge at a hearing at 1:00 p.m. on Friday, depending on the presentation.

Meng was arrested in Vancouver, Canada, in December 2019 with a U.S. court order that accused him of defrauding HSBC bank and other banks by falsely distorting the links between Huawei and Skycom, the subsidiary which sold telecommunications equipment to Iran.

The case was added to the deepening rift between Beijing and Washington and took Canada in the middle.

The the Wall Street newspaper he said that Meng would plead guilty to lesser charges, while the main fraud allegations, related to sales to Iran by a subsidiary of Huawei, would be dropped.

The deal could allow Meng to return to China without facing a prison term in the United States., He said Newspaper.

Citing unidentified sources, Canada’s public broadcaster Radio-Canada He said if a settlement is reached in New York court, his house arrest could be lifted and the extradition case dismissed.

Meng, senior executive of Huawei and daughter of company founder Ren Zhengfei, it was on the Skycom card.

She is accused of obscuring the company’s financial transactions through the United States financial system, violate US sanctions against Iran and lie to FBI investigators about it.

United States, who campaigned against Huawei for selling phones believed to allow the Chinese government to spy on Americans, she had pressured Canada to stop her.

Meng was placed under house arrest in Canada after being detained while the US Department of Justice was pushing for her extradition. He faced a 30-year prison sentence for the charges against him, which China called “completely political”.

Days after his arrest, China arrested two Canadians, businessman Michael Spavor and former diplomat Michael Kovrig, accusing them of espionage.. Both were tried in March and in August Spavor was sentenced to 11 years in prison. No decision has been announced in Kovrig’s case.

Western countries have accused China of “hostage diplomacy” for arresting and indicting Canadians. Relations between Beijing and Ottawa have hit rock bottom because of the affair and those of Canadians detained in China.

The Canadian Prime Minister, Justin Trudeau denounced Spavor’s sentence as “unacceptable and unfair” and said the charges were “fabricated”.

Last Saturday, The Globe and Mail He noted that U.S. officials have resumed talks with Huawei to have the Chinese company plead guilty to bank fraud in exchange for a deferred prosecution agreement against the Chinese telecommunications giant that would allow Meng to return to China.

Meng’s extradition case is awaiting trial in a court in Vancouver (Canada) after nearly three years of trial.

Last August, defense lawyers and the canadian prosecutor’s office presented their final arguments before judge heather holmes of the supreme court of british columbia (canada) against and in favor of extradition to the united states. Holmes was due to make his decision known in the coming weeks.

(With information from AFP and EFE)

Read on: