Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2022-12-03 17:49:19| Engadget

More than four years after her arrest, the drawn-out legal saga of Huawei Chief Financial Officer Meng Wanzhou came to a formal end this week. On Friday, US District Judge Ann Donnelly dismissed an indictment against Meng, according to Reuters. On behalf of the US, Canadian authorities arrested Meng in 2018 for allegedly violating American sanctions against Iran. Meng, who is also the daughter of Huawei founder and CEO Ren Zhengfei, spent the next three years fighting attempts to extradite her to the US, where she faced up to 30 years in prison for bank and wire fraud charges. Donnelly dismissed the indictment with prejudice, meaning the Justice Department cant bring the same charges against Meng again.Before entering into an agreement with US prosecutors last year, Meng spent three years under house arrest. The detainment strained relationships between the United States and China and led to an international incident. China apprehended two Canadians, Michael Spavor and Michael Kovrig, within days of Mengs arrest. They were later released after Meng entered into a deferred prosecution agreement with the Justice Department. As part of the agreement, she acknowledged having made false statements about Huaweis business in Iran. Meng flew home to China the day Donnelly approved the pact.Huawei and its subsidiaries are still facing charges in the US. Most notably, the Justice Department recently announced charges against two Chinese spies who had allegedly tried to interfere in a criminal investigation into the company. Earlier this week, the FCC also banned telecom and video surveillance equipment from Huawei, among a handful of other Chinese companies. Meng currently serves as the company's rotating chairperson and deputy chairwoman, as well as CFO. 


Category: Marketing and Advertising

 

Latest from this category

05.12Revoluts Street Mode uses location data to flag high-risk transactions
04.12The 10 Most Overused Buzzwords in Corporate Emails [Infographic]
04.12Why Local and Trade Coverage Is Just as Important as National Top-Tier Press
04.12How Natural Language Is Transforming Marketing Workflows
04.12Samsungs new pop-up in Stockholm gives reality TV the sports-bar treatment
03.12What Are the Attributes of Great Digital Ad Creative?
03.12From Flash to Function: How AI Is Powering PR and B2B Marketing Operations
03.12In a Bangkok mall, NEXTOPIA presents a hands-on, optimistic approach to sustainability
Marketing and Advertising »

All news

05.12New York Times sues Perplexity AI for 'illegal' copying of content
05.12Chicago-based American Medical Association slams committees hepatitis B vaccine recommendations
05.12Feds favorite inflation indicator stayed elevated in September as spending weakened
05.12Jamie's Italian to return six years after collapse
05.12Trump administration to expand travel ban to more than 30 countries
05.12Myanmar and Tibet hit by series of quakes; NCS reports multiple tremors
05.12Stock market nears an all-time high
05.12Donald Trump gets a peace prize, courtesy FIFA
More »
Privacy policy . Copyright . Contact form .