{"id":17902,"date":"2020-12-04T06:57:06","date_gmt":"2020-12-04T11:57:06","guid":{"rendered":"http:\/\/worldjusticenews.com\/news\/?p=17902"},"modified":"2020-12-04T06:57:06","modified_gmt":"2020-12-04T11:57:06","slug":"possible-deal-for-arrested-huawei-finance-chief","status":"publish","type":"post","link":"https:\/\/worldjusticenews.com\/news\/2020\/12\/04\/possible-deal-for-arrested-huawei-finance-chief\/","title":{"rendered":"Possible deal for arrested Huawei finance chief"},"content":{"rendered":"<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p><b class=\"css-14iz86j-BoldText e5tfeyi0\">The US Department of Justice is discussing a possible deal with Huawei\u2019s finance chief Meng Wanzhou, according to reports.<\/b><\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The deal would reportedly let Ms Meng return to China from Canada, where she was arrested in 2018.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>She would be required to admit wrongdoing in the case, according to the Wall Street Journal, which first reported the possible deal.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Ms Meng faces US charges over alleged violations of sanctions on Iran.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Bank fraud charges are for allegedly misleading HSBC in a way which might lead to it break US sanctions on Iran.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"unordered-list-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<div class=\"css-1pzprxn-BulletListContainer e5tfeyi3\">\n<ul role=\"list\">\n<li><a class=\"css-yidnqd-InlineLink e1no5rhv0\" href=\"https:\/\/www.bbc.co.uk\/news\/business-55124236\" target=\"_blank\" rel=\"noopener noreferrer\">UK to impose early end to use of new Huawei 5G kit<\/a><\/li>\n<li><a class=\"css-yidnqd-InlineLink e1no5rhv0\" href=\"https:\/\/www.bbc.co.uk\/news\/business-54654806\" target=\"_blank\" rel=\"noopener noreferrer\">Huawei &#8216;forging forward&#8217; despite Trump sanctions<\/a><\/li>\n<li><a class=\"css-yidnqd-InlineLink e1no5rhv0\" href=\"https:\/\/www.bbc.co.uk\/news\/technology-54644999\" target=\"_blank\" rel=\"noopener noreferrer\">Huawei launches fresh phones despite chip freeze<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>This week marks two years since Ms Meng was arrested on a US warrant while she was changing planes in Vancouver.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Since then, she has been fighting extradition to the US to face trial.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>She is currently on bail and not allowed to leave Vancouver, where she has a home.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Negotiations between Ms Meng&#8217;s attorneys and the US Justice Department picked up after last month&#8217;s US presidential election.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Ms Meng does not think she did anything wrong and so is reportedly reluctant to make admissions that she does not think are true.<\/p>\n<div class=\"css-mysbf6-ComponentWrapper-CrossheadComponentWrapper e1xue1i84\" data-component=\"crosshead-block\">\n<h2 class=\"css-1jlqpzd-StyledHeading e1fj1fc10\">Politically motivated<\/h2>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Huawei and Meng are accused of conspiring to defraud HSBC and other banks by misrepresenting the company&#8217;s relationship with Skycom, a suspected front company that operated in Iran.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>US authorities allege Huawei used Skycom to obtain embargoed US goods, technology and services in Iran.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Ms Meng, who is the daughter of Huawei\u2019s founder Ren Zhengfei, has long claimed she is innocent, arguing that her arrest was politically motivated.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The Trump administration has targeted Huawei, arguing that its equipment could be used by Beijing to spy, an allegation that the company has denied repeatedly.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The US put the Shenzhen-based telecommunications giant on its blacklist last year and has pressured other countries to exclude Huawei from their 5G networks.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The US now requires any company that sells US-made technology to Huawei to first obtain a licence.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-mysbf6-ComponentWrapper-CrossheadComponentWrapper e1xue1i84\" data-component=\"crosshead-block\">\n<h2 class=\"css-1jlqpzd-StyledHeading e1fj1fc10\">Friction<\/h2>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The export restrictions have led to a shortage of vital components for Huawei, and prompted it to sell off its youth-oriented Honor handset brand.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Ms Meng\u2019s arrest has created diplomatic friction between China and Canada too.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>After her arrest, China cut off imports of Canadian canola seed and detained two Canadians on espionage charges, which are yet to be resolved.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Canadian Prime Minister Justin Trudeau has condemned the move, arguing that the two men are being used as tools in a diplomatic struggle between the US and China.<\/p>\n<p>Source: <a href=\"https:\/\/www.bbc.co.uk\/news\/business-55183043\" target=\"_blank\" rel=\"noopener noreferrer\">bbc.co.uk<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\">The US Department of Justice is discussing a possible deal with Huawei\u2019s finance chief Meng Wanzhou, according to reports. The deal would reportedly let Ms Meng return to China from Canada, where she was arrested <a class=\"mh-excerpt-more\" href=\"https:\/\/worldjusticenews.com\/news\/2020\/12\/04\/possible-deal-for-arrested-huawei-finance-chief\/\" title=\"Possible deal for arrested Huawei finance chief\">[&#8230;]<\/a><\/div>\n","protected":false},"author":1,"featured_media":13307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[5,109,2,3],"tags":[45,1673,3518,5787,5786,5032,2003],"class_list":{"0":"post-17902","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"category-headline","9":"category-news","10":"category-usa","11":"tag-canada","12":"tag-china","13":"tag-hsbc","14":"tag-huawei","15":"tag-meng-wanzhou","16":"tag-us-justice-department","17":"tag-vancouver","18":"pmpro-has-access"},"_links":{"self":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/17902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/comments?post=17902"}],"version-history":[{"count":1,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/17902\/revisions"}],"predecessor-version":[{"id":17903,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/17902\/revisions\/17903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media\/13307"}],"wp:attachment":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media?parent=17902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/categories?post=17902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/tags?post=17902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}