Huawei CFO Leaves Canada Following Agreement With US Over Fraud Charges
Following a years-long extradition saga, Huawei Chief Financial Officer Meng Wanzhou travelled home to China on Friday as an agreement with US prosecutors to end the bank fraud case against her was reached. Meng’s detention has long been a point of tension between the US and China.
Following the deal, two Canadians, who were arrested shortly after Meng Wanzhou was taken into custody in December 2018, were released from prison in China and allowed to go home to Canada. Despite the proximity of the releases, Beijing has denied that their arrests were linked.
Meng was arrested at Vancouver International Airport on a US warrant. She was indicted on bank and wire fraud charges for allegedly misleading British bank HSBC in 2013 over Huawei’s dealings with Iran.
The deal between the US and Meng applies only to Meng. The US Justice Department has said it is preparing for trial against Huawei and is looking forward to proving its case in court.