Huawei CFO Meng to appear in court, expected to reach agreement with US -source

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Huawei Technologies Chief Financial Officer Meng Wanzhou and U.S. prosecutors are expected to appear in court to say they have reached an agreement to resolve charges against her, according to a source familiar with the matter, in a process that should allow her to leave Canada.Meng is expected to appear

Huawei Technologies Chief Financial Officer Meng Wanzhou and U.S. prosecutors are expected to appear in court to say they have reached an agreement to resolve charges against her, according to a source familiar with the matter, in a process that should allow her to leave Canada.

The agreement, reported first by Reuters, pertains only to Meng and U.S. charges against the company remain, according to another person familiar with the matter. A spokeswoman for Huawei declined to comment. A spokesman for the U.S. Attorney's office in Brooklyn declined to comment. An attorney for Meng could not be immediately reached for comment.

Articles published by Reuters in 2012 and 2013 about Huawei, Skycom and Meng figured prominently in the U.S. criminal case against her. Reuters reported that Skycom had offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator in 2010. At least 13 pages of the proposal were marked"Huawei confidential" and carried Huawei's logo.

 

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