Meng Wanzhou was accused of bank and wire transfer fraud, and reached an agreement with the US Department of Justice to allow her freedom and return to China.
Mexico City (apro). ——After three years of house arrest in Canada, Meng Wanzhou, the chief financial officer of Huawei, a technology company accused of banking and electronic fraud, reached an agreement with the US Department of Justice to obtain his freedom and return to China.
The US Department of Justice requested Meng be detained by Canadian police in December 2018. They accused him and his accomplices of bank fraud against HSBC to evade sanctions against Iran.
BBC Mundo reports that the case has caused anger in China and created tensions between the United States of America and Canada. It has also been the subject for intense negotiations between American diplomats and Chinese diplomats.
Although she pleaded not guilty, she accepted the truthfulness and retraction of the US government’s factual statements.
According to the Brooklyn court prosecutor, she was granted an agreement by the U.S. district court not to have her tried before December 1, 2022. If she does not commit any additional crimes or faces the possibility of being prosecuted, as well as other conditions, the court I will dismiss the case.
This transaction allowed Wanzhou to admit that while serving as Huawei’s chief financial officer and in charge of the company’s business in Iran, she made “many major misrepresentations” in a conversation with a senior executive of HSBC in Hong Kong to continue Huawei’s Business relationship. company.
Nicole Boeckmann, acting U.S. attorney for the Eastern District, New York stated in a statement that Wanzhou accepted responsibility for “playing a leading part in the implementation of a plan defrauding global financial institutions.”
According to Hong Kong Banking Corporation’s report, Wanzhou was informed by the Ministry of Justice that he wasn’t being investigated in connection with the case.
“We are satisfied by the agreement. We expect the charge to be dropped in 14 months. She didn’t plead guilty. “Now, he can go home and reunite his family,” Wanzhou lawyer William W. Taylor III (“William W. Taylor III”) said.
Wanzhou, who was previously placed under house arrest in a Vancouver mansion worth millions of dollars, is likely to be released from her home this Friday. All circumstances are now released. Guaranteed.”
But, the US Department of Justice stated it was preparing for a Huawei case.
Two days after Wanzhou was detained, two Canadian citizens were arrested by China, Michael Spavor, and Michael Cumming on charges related to espionage.
She is Ren Zhengfei’s oldest daughter. The billionaire founded Huawei Technologies in 1988 and is today the largest manufacturer of telecommunications equipment worldwide.
She was an officer in the Chinese military for nine years and was a member of China’s Communist Party.
The US authorities claimed that Chinese counterparts used Huawei equipment for spying, but the company denied this accusation.
Under the Trump administration’s leadership, many sanctions were imposed against Huawei in 2019. The company was placed on the export blacklist, and excluded from key technologies.