Huawei CFO Meng Wanzhou to be released after agreement with U.S. in wire fraud case
2021-09-25 09:37:55 source：CNBC
September 24, 2021
The chief financial officer of Chinese tech firm Huawei will be released and allowed to return to China after reaching an agreement with the U.S. government on fraud charges, prosecutors said Friday in a Brooklyn, New York, federal court.
A U.S. district judge accepted the deferred prosecution agreement, which will last until Dec. 1, 2022. Under the deal, the executive, Meng Wanzhou, affirmed the accuracy of a statement of facts and agreed not to commit other crimes, or risk prosecution.
Meng, the daughter of Huawei’s founder, was arrested in Canada in December 2018. The U.S. sought to extradite her on bank and wire fraud charges, claiming she misled a financial institution to violate American sanctions on Iran. The U.S. said Friday it plans to withdraw its extradition request.
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