NEW YORK: U.S.-based Citigroup Inc and French bank BNP Paribas are caught up in the U.S. criminal case against the chief financial officer of China's Huawei Technologies, according to newly available documents.
Meng, the daughter of Huawei's billionaire founder Ren Zhengfei, was arrested at Vancouver’s airport in December on a U.S. warrant and her lawyers argue she was unlawfully detained. They claim Canadian authorities delayed her arrest to allow the border patrol to gather evidence for the United States as part of a"covert criminal investigation."
The United States also has made a broader push against Huawei, the world's largest telecommunications maker, which it maintains is involved in activities contrary to U.S. national security or foreign policy interests. In one document released on Tuesday, the United States describes the evidence against Meng, including articles published by Reuters in 2012 and 2013 about a company in Iran called Skycom Tech that had tried to sell computer equipment from a U.S. firm to a customer in Iran.
U.S. laws and regulations generally prohibited the banks from providing U.S. dollar transactions tied to Iran through the United States.
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