U.S. in talks with Huawei CFO Meng on resolving criminal charges
The U.S. Department of Justice is discussing a deal with lawyers for Huawei finance chief Meng Wanzhou that would let her return to China from Canada, a person familiar with the matter said, Trend reports citing Reuters.
Negotiations between Meng’s attorneys and the Justice Department picked up after the U.S. presidential election a month ago, the person said, but it is still unclear what kind of deal could be struck.
Meng, 48, was arrested in Canada in December 2018 on a U.S. warrant. She faces bank fraud charges for allegedly misleading HSBC Holdings Plc about Huawei Technologies Co Ltd’s business dealings in Iran, which was subject to U.S. sanctions.
Meng does not think she did anything wrong and therefore is reluctant to make admissions that she does not think are true, the person said.
The Wall Street Journal, which first reported on a possible deal, said it was conditional on her admitting wrongdoing in the criminal case.
The source said the negotiations do not appear to be part of a larger deal with Huawei, which is also facing charges in the case.