Categories: Business

Huawei executives resolve criminal charges in dealing with us

New York: Head of the Chinese Telecommunications Financial Officer Huawei achieved the prosecution suspended with the prosecutor of AS Friday to avoid accusations of crime fraud, cleared the road for his release after almost three years of detention in Canada.
A US Judicial Department lawyer David Kessler told a hearing at the Federal Court in Brooklyn, New York that the government agreed to delay the prosecution of Wanzhou until December 1, 2022, and that if he obeyed the condition of the agreement, the accusation would then be dropped.
He preferred that “MS Meng will be released on personal recognition bonds.” Meng approved a statement of facts in this case, where he was accused of deceiving HSBC banks and other banks by misinterpreting the relationship between Huawei and Skycom, affiliates that sell telecommunications equipment to Iran.
But Meng, who appeared with video transmission in the courtroom from Vancouver, maintained a “innocent” application in the case of political explosive.
Judge Ann Donnelly agreed to the agreement, saying: “I found that the government had determined that the suspended prosecution was bonafid.” As the founder of Huawei Ren Zhengfei, Meng is known internally as a “daughter” of the company and the possibility of future leaders.
His detention in December 2018 has triggered a long and long diplomatic crisis, worsened the strain between Washington and Beijing – and pulled Canada into a fight with the detention of two citizens in what was seen as retaliation of tit-for-tat by China.
The 49-year-old Meng was arrested at a US warrant in Canadian City Vancouver, where he had been stuck since then, fighting extradition to the United States.
With the agreed agreement, the arrest of his house in Vancouver is now expected to be revoked and the extradition case drops.
As a member of the Skycom body, Meng, he was accused of covering the company’s financial transactions through the US financial system, violating US sanctions in Iran, and lying about it to the FBI investigators.
But the case was swept away in a wider battle between the United States and China over Huawei, one of the largest telecommunications companies in the world.
Huawei maintains it is an independent and private company but Washington claims the Chinese government adheres to it and can use equipment for intelligence collection.
The Pentagon registered Huawei as a military-backed company to be avoided in a contract, noting that the founder was previously a previous engineer in the People’s Liberation Army.
The US and military governments have banned Huawei equipment and strive to get local government and other private businesses to leave router and switching equipment that are widespread.
The US has also forbidden US technology companies from exporting equipment and certain material to Huawei, and has encouraged other countries to the Forego Huawei Equipment.
The United States secretly issued a warrant for the arrest of Meng in August 2018, and pressed Canada to arrest him when he flew to Vancouver International Airport on December 1, 2018.
Meng was placed under house arrest in Canada because the US Department of Justice pushed for his extradition.
He faced the possibility of 30 years in prison on charges, which was labeled China “was fully political.” A few days after his arrest, China held two Canadians, entrepreneurs Michael Spavor and former Diplomat Michael Kovrig, accused them of espionage.
Both were tried in March, and in August it was sentenced to 11 years in prison.
There was no decision announced in the case of Kovrig.
Western nations accused China “held hostage diplomacy” to arrest and collect Canada.
Beijing-Ottawa’s relationship has crashed under the stone for this case and the Canadians held in China.
Canada Prime Minister Justin Trudeau criticized Raba’s punishment as “unacceptable and unfair,” and said the accusation was “expelled.”

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