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Meng Wanzhou, Huawei’s chief financial officer in Canada, was arrested in 2018
The US Department of Justice is discussing a possible deal with Huawei’s CFO Meng Wanzhou, according to press reports.
The deal will reportedly allow Meng to return to China from Canada, where she was arrested in 2018.
According to the Wall Street Journal, which first reported on the possible settlement, Meng will be asked to admit wrongdoing in the case.
Meng faces US charges on accusations of violating sanctions against Iran.
Meng is charged with bank fraud, due to allegations that she misled HSBC in a way that could lead to a violation of US sanctions against Iran.
This week marks two years since his arrest under a US warrant while changing flights in Vancouver, Canada.
Since then, Meng has been fighting to avoid her extradition to the United States for trial.
Meng is currently at her home in Vancouver, after she was released on bail, but is not allowed to travel.
Negotiations between Meng’s lawyers and the United States Department of Justice resumed after last month’s presidential elections.
Meng does not believe that he has done anything wrong and therefore hesitates to make any confession that he does not believe to be true.
For political reasons
Huawei and Meng are accused of conspiring to defraud HSBC and other banks by misrepresenting the company’s relationship with Skycom, a shady front company operating in Iran.
US authorities claim that Huawei used Skycom to obtain US goods, technology and services banned from Iran.
But Meng, the daughter of Huawei’s founder, has long claimed that she is innocent and that her arrest was for political reasons.
The Trump administration has targeted Huawei, arguing that Beijing could use its equipment for espionage, a claim the company has repeatedly denied.
The United States blacklisted Shenzhen-based telecommunications giant Huawei last year and lobbied other countries to exclude Huawei from their 5G networks.
The United States also now requires that any company that sells US-made technology to Huawei obtain a license first.
Diplomatic tension
Export restrictions led to a shortage of basic materials for Huawei, prompting it to sell Honor, the phones aimed at young people.
Meng’s arrest also caused friction and strained diplomatic relations between China and Canada.
After his arrest, China stopped importing Canadian canola seeds and detained two Canadians on espionage charges, in an unsolved case.
And Canadian Prime Minister Justin Trudeau condemned this step, on the pretext that China uses them as tools in a diplomatic fight between this country and the United States.
