Huawei pleads not guilty in U.S. court to bank and wire fraud, sanctions violations

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Huawei pleads not guilty in U.S. court to bank and wire fraud, sanctions violations
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Huawei pleads not guilty in U.S. court to bank and wire fraud, sanctions violations GlobeTechnology

China’s Huawei Technologies Co Ltd on Thursday pleaded not guilty to a 13-count indictment filed in a New York federal court against the company, as tensions have ratcheted up between the U.S. and Beijing.

The company’s chief financial officer, Meng Wanzhou, was arrested in December in Canada on charges in the indictment, which was not unsealed until January. She has said she is innocent of the charges and is fighting extradition.At the arraignment in U.S. District Court in Brooklyn, James Cole, a U.S. lawyer for Huawei, entered the plea on behalf of the company and its U.S. subsidiary.

Huawei has said Skycom was a local business partner, while the United States maintains it was an unofficial subsidiary used to conceal Huawei’s Iran business. U.S. authorities claim Huawei used Skycom to obtain embargoed U.S. goods, technology and services in Iran, and to move money via the international banking system.

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