USA files charges against China's Huawei and CFO Meng Wanzhou

Banning Huawei could damage 5G development

Banning Huawei could damage 5G development

At Washington's request, Huawei's chief financial officer, Meng Wanzhou, was arrested in Canada in December and is now fighting extradition to the United States. Huawei also allegedly offered bonuses to employees who stole confidential information from other companies.

In December, Meng was detained in Vancouver at the request of the USA, who continues to work to extradite her.

The department unveiled 13 charges against chief financial officer Meng Wanzhou - the daughter of the company's founder who is now out on bail in Canada - and three affiliates related to violating USA sanctions on Iran.

Canadian Foreign Minister Chrystia Freeland said on Monday that Canada's former ambassador to China had been fired because his comments on an extradition case involving Meng made it untenable for him to stay in the job.

"Huawei claimed Skycom was a separate company and not an affiliate and asserted all its business was in compliance with US sanctions", Whitaker said.

The top United States law enforcement officials, including acting Attorney General Matthew Whitaker and FBI Director Christopher Wray, held a news conference in Washington to announce the charges.




Huawei is also charged in a separate case with stealing trade secrets from T-Mobile, according to federal prosecutors.

The Huawei Technologies Co. logo is displayed at an event in Beijing last week.

Ross noted that the administration had punished another Chinese telecommunications company, ZTE, past year for violating United States sanctions. Meng specifically is charged with wire fraud and bank fraud, as well as conspiracy to commit wire and bank fraud. Charges listed in the Washington State indictment against Huawei Device Co., Ltd. and Huawei Device Co.

She was arrested in Vancouver Dec. 1 while en route from Hong Kong to Mexico.

US officials are meeting with representatives of the Chinese government this week to try broker an elusive trade agreement and end the prolonged tariff war between the two economic giants. She was granted bail 10 days after her arrest.

U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross will take part in the discussions, along with the president's economic adviser Larry Kudlow and trade adviser Peter Navarro.

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