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Home / World / US agrees deal to free detained Huawei boss

US agrees deal to free detained Huawei boss

Meng was held in December 2018 on a US warrant, and was indicted on bank and wire fraud charges for 'misleading' HSBC about Huawei’s business dealings in Iran

Reuters   |   New York   |   Published 25.09.21, 01:13 AM

Huawei Technologies Chief Financial Officer Meng Wanzhou has reached an agreement with U.S. prosecutors to resolve the bank fraud case against her, according to sources familiar with the matter, in a process that should allow her to leave Canada.

 The US government said it will appear in Brooklyn federal court to discuss a resolution of charges against Huawei Technologies chief financial officer Meng Wanzhou, according to a Friday court filing.

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 Meng was arrested at Vancouver International Airport in December 2018 on a US warrant, and was indicted on bank and wire fraud charges for allegedly misleading HSBC about Huawei’s business dealings in Iran.

 The deferred prosecution agreement, reported first by Reuters, pertains only to Meng and US charges remain against the company, according to another person familiar with the matter.

 Such a resolution would remove one of several major disputes between the world’s two biggest economies. The agreement could also potentially pave the way for the release of two Canadians, businessman Michael Spavor and former diplomat Michael Kovrig, who are held in China after being arrested shortly after Meng was taken in custody in 2018. In August, a Chinese court sentenced Spavor to 11 years in prison for espionage.

A spokeswoman for Huawei declined to comment. A spokesman for the US attorney’s office in Brooklyn declined to comment. An attorney for Meng could not be immediately reached for comment. Meng has said she is innocent and has been fighting extradition to the US.



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