Meng, the managing director of the telecommunications company whose father Ren Zhengfei founded Huawei, signed an agreement with US prosecutors last year to drop the case, four years after his arrest in December 2018.

Prosecutors charged Meng with bank fraud and other crimes of deceiving HSBC Holdings Plc and other banks about Huawei’s relationship with a company operating in Iran.

Huawei pleaded not guilty to the relevant US charges. U.S. District Judge Ann Donnelly in Brooklyn dismissed Meng’s indictment with prejudice, meaning it cannot be reinstated.

An attorney for Meng and a spokesperson for Huawei did not immediately respond to requests for comment. Meng spent nearly three years under house arrest in Canada after his arrest at Vancouver airport. In September 2021, he signed a deferred prosecution agreement with US prosecutors, in which he admitted that Huawei had made false statements about Iranian business.

The day Donnelly approved this deal, Meng flew to his home in Shenzhen. Soon after, China released the two Canadians it was holding, and the two American brothers, who were prevented from leaving the country, were allowed to fly home.

Meng, 50, now serves as the rotating chairman and vice president and CFO of Huawei. The United States still sees Huawei as a national security threat.

On November 25, the Biden administration banned the approval of new telecommunications equipment by Huawei and China’s ZTE Corp, as they pose an “unacceptable risk” to national security. (Reported by Karen Freifeld and Jonathan Stempel of New York; edited by Sandra Maler)

Source: dailymail

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Meng struck a deal with prosecutors last year to drop the charges against him on December 1, 2022, four years after he was arrested in Canada on a US arrest warrant, as Reuters first reported.

Brooklyn U.S. Attorney Carolyn Pokorny wrote in a December 1 letter to U.S. District Judge Ann Donnelly that “the government respectfully rejects the third indictment in this case against defendant Wanzhou Meng,” without any knowledge of Meng’s breach of the agreement.

Huawei, a telecommunications equipment manufacturer that the US considers a national security threat, is still indicted in the case pending in US District Court in Brooklyn, New York. No trial date has yet been set, and a status conference is scheduled for February 7.

While Thursday’s move is expected, it closes a chapter on a particularly tense phase in US-China relations that has also thrust Canada into the midst of a wider conflict between the two superpowers.

Meng was charged with bank fraud and other crimes for deceiving global bank HSBC Holdings Plc about the company’s business in Iran in order to obtain banking services in violation of US sanctions. As part of his deal—a deferred prosecution agreement—he admitted that the company had made false statements about his Iranian business in a 2013 meeting with a bank executive.

Meng’s baseless statements were in a statement of facts, which he admitted was true and voluntary and would not contradict. Charges against Huawei include everything from bank fraud to breaching sanctions to conspiracy to steal trade secrets and obstruction of justice from US tech companies. He pleaded not guilty.

Following its alleged activities, Huawei was added to the US trade blacklist, which restricts US suppliers from doing business with the company. The United States has also waged a global campaign against Huawei, warning that the Chinese government could use the company’s equipment to spy on it. Just this week, the US Federal Communications Commission passed final rules banning Huawei’s new telecommunications equipment.

Meng, the daughter of Huawei’s founder and CEO Ren Zhengfei, currently serves as the company’s rotating president and vice president and chief financial officer. She flew from Canada to China on September 24, 2021, the day she made the deal. Two Canadians arrested in China shortly after their detention were released, and the two American brothers, who were prevented from leaving China, were allowed to fly home.

Meng’s lawyer declined to comment, and a Huawei spokesperson did not immediately respond to a request for comment.

Source: Reuters/gs

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According to Maynard’s statements, Wanzhou received many threatening letters last year, and some envelopes contained bullets. Following the death threat statements, Wanzhou requested the court to ease the bail conditions, including the security elements that followed her.

Under the new bail conditions, Wanzhou will pay for the security elements that can leave the house between 06:00 and 23:00 and watch her 24 hours a day. However, Wanzhou will wear a GPS wristband as a requirement of bail conditions. In addition, the Canadian immigration office allowed Wanzhou’s family to enter the country.

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