Meng Wanzhou, 49, Huawei’s chief financial officer and the daughter of the company’s founder, reached an agreement with U.S. federal prosecutors that called for fraud charges against her to be dismissed next year.
SHENZHEN, China — China's government was eagerly anticipating the return of a top executive from global communications giant Huawei Technologies on Saturday following what amounted to a high-stakes prisoner swap with Canada and the U.S.
In an emailed statement, Huawei said it was looking forward to Meng's return and would “continue to defend itself against the allegations." In Shenzhen, a 20-year old job seeker at the headquarters of Huawei repeated a government view that Meng's arrest was driven by politics and rivalry with the U.S. over technology and global influence.
The case against Meng stemmed from a January 2019 indictment from the Justice Department of the administration of former President Donald Trump. It accused Huawei of stealing trade secrets and using a Hong Kong shell company called Skycom to sell equipment to Iran in violation of U.S. sanctions. The indictment also charged Meng herself with committing fraud by misleading the HSBC bank about the company’s business dealings in Iran.
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