Huawei Technologies chief financial officer Meng Wanzhu left his home on November 16, 2020, to attend a court hearing in Vancouver, British Columbia, Canada.
Jennifer Goulthier | Reuters
GUANGZHOU, China – The U.S. government is negotiating a deal with Meng Wenzhou, Huawei’s chief financial officer, who will be deported from Canada to China if he admits wrongdoing in the case against him, according to the Wall Street Journal. Familiar with the matter.
Proponents of her case have been working to make the actual transcript of this statement available online. Talked with Justice Department officials in recent weeks about entering into a so-called deferred proceedings agreement, the WSJ said. The report added that further discussions are to be held this week with the aim of reaching a deal before the end of the Trump administration.
The Justice Department was not immediately available for comment when contacted by CNBC. Huawei declined to comment on the WSJ report.
Menge was arrested in December 2018 in Vancouver, Canada. The U.S. has been accused of bank and wire fraud in violation of U.S. sanctions on Iran.
The U.S. has accused Meng of lying to major banks, including HSBC, about Huawei’s relationship with an Iranian subsidiary called Skycom to obtain banking services. Huawei denies any wrongdoing.
D discussed blujj said that now under the agreement, the U.S. If he accepts the charges against Meng, he will agree to adjourn or adjourn. He will be able to return to China from Canada, where he is currently on bail at his home.
Meng has resisted the proposed deal because he believes he did nothing wrong, the report added.
Meng, daughter of Huawei founder Ren Zhengfei, has been arrested in the U.S. And tensions have risen between China and the latter’s most important technology against the G company. The U.S. says Huawei poses a national security threat and has tried to persuade other countries to block the company from its next-generation 5G mobile network. Washington has also imposed a number of restrictions on Huawei that have affected its ability to obtain key components such as chips.
There have been several hearings this year as part of Meng’s extradition hearing, which is expected to continue for several months. A deal between Meng and the US could end it.
Read the full Wall Street Journal report here.
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