After years of upheaval, US judge throws out Huawei fraud indictments

Robert Besser
07 Dec 2022, 21:02 GMT+10

Last week, a U.S. judge dismissed an indictment against the chief financial officer of Huawei, Meng Wanzhou
This formally ended a criminal case that has strained relations between Washington and Beijing
Four years after her December 2018 arrest, Meng, the daughter of Huawei chief executive Ren Zhengfei, and U.S. prosecutors agreed for the case to be dismissed

NEW YORK City, New York: Last week, a U.S. judge has dismissed an indictment against the chief financial officer of Huawei, Meng Wanzhou, formally ending a criminal case that has strained relations between Washington and Beijing.

Four years after her December 2018 arrest, Meng, the daughter of Huawei chief executive Ren Zhengfei, and U.S. prosecutors agreed for the case to be dismissed.

Meng was accused by prosecutors of bank fraud and other crimes for misleading HSBC and other banks about Huawei's relationship with an Iranian company.

Her actions placed banks at risk of penalties for processing transactions that violated U.S. sanctions, prosecutors added.

Huawei pleaded not guilty to the charges.

In Brooklyn, U.S. District Judge Ann Donnelly dismissed Meng's indictment with prejudice, meaning it cannot be brought again.

Meng, 50, spent nearly three years under house arrest in Canada following her arrest at a Vancouver airport. She is currently Huawei's rotating chairwoman and deputy chairwoman, as well as CFO.

Huawei is still considered a national security threat by the U.S., and on 25th November, the Biden administration banned the approval of new telecommunications equipment from Huawei and China's ZTE Corp because they posed an "unacceptable risk."

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Knoxville Times.

More Information

38 ℉

Cloudy in Knoxville

Business

Section

China to allow return of Japanese tourists following retaliatory ban

TOKYO, Japan: In a statement posted on the website of the Chinese Embassy in Tokyo, Beijing announced that it will ...

Sellers hit U.S. dollar, greenback crumbles

NEW YORK, New York - The U.S. dollar crumbled on Thursday after first posting gains. The late afternoon sell off ...

Roller-coaster ride for U.S. stocks Wednesday, Nasdaq stars with 2% gain

NEW YORK, New York - Wall Street dove into the red Wednesday after the U.S. Federal Reserve Open Market Committee ...

Report says US consumer spending fell in December wh

WASHINGTON D.C.: In the latest indication that its interest rate hikes are slowing the US economy, the Federal Reserve's main ...

China says shipments of smartphones in 2022 falls to lowest in decade

BEIJING, China: As COVID-19 restrictions and a slowing economy curbed consumer demand in 2022, China's smartphone sales witnessed a record ...

To reach out to public, Japanese vending machines selling whale meat

TOKYO, Japan: After struggling for years to promote its products amid protests from conservationists, Japanese whaling company Kyodo Senpaku announced ...

International

Section