Huawei reaches agreement with US for CFO’s return to China

Published on : 09/24/2021 – 10:03 PM

American justice ratified, Friday, September 24, an agreement sealed between Washington and the Chinese telecommunications giant Huawei, which will allow the financial director of the latter to return to China against a “postponement” until the end of 2022 of the proceedings initiated against her, in particular for “bank fraud”.

A Brooklyn federal court judge “accepted” the agreement between the US Department of Justice and lawyers for Meng Wanzhou, Huawei’s chief financial officer who has been under house arrest in Canada for nearly three years and that US justice wanted to judge on his soil.

Three years of legal battle

A representative of the Department of Justice proposed before this court in New York to “postpone” until December 1, 2022 (four years after the arrest of Meng Wanzhou in Canada) the proceedings initiated since the end of 2018 against the financial director, in particular for “conspiracy” to commit “bank fraud”.

If that deal is not challenged or broken by Dec. 1, the lawsuits will be dropped, according to the US Department of Justice official.

With the acceptance of the terms of this agreement, three years of legal battle and tension between Beijing, Washington and Ottawa should come to an end.

With AFP