The company itself will continue to face cases on bank fraud, sanctions violations, conspiracy, and trade secrets theft.
US prosecutors on Thursday, December 1, asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies whose 2018 arrest strained relations between the US and China.
Huawei, a telecommunications equipment maker the US views as a national security threat, is still charged in the case, which is pending in US District Court in Brooklyn, New York. No trial date has yet been set, and a status conference is scheduled for February 7th. As part of her deal – a deferred prosecution agreement – she acknowledged that she had made false statements about the company’s Iran business in a 2013 meeting with a bank executive.
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