HUAWEI CFO MENG WANZHOU FREE

It was a disruptive time for me as a mother, as a wife,вЂќ Meng Wanzhou told reporters and supporters on the steps outside the Vancouver courtroom after the hearing, according to a Reuters report.Д¬hina had accused Canada of arbitrarily detaining Meng Wanzhou, and acting as an accomplice of the US, despite violating no Canadian law. вЂњOver the past three years my life has been turned upside down. вЂњUnder the terms of this agreement, Meng will not be prosecuted further in the US and the extradition proceedings in Canada will be terminated,вЂќ according to a statement of William Taylor, one of the lawyers who represent Meng Wanzhou. Meng Wanzhou, according to the Global Times report, appeared virtually in an American federal courtroom in Brooklyn on Friday, and reached a deferred prosecution agreement (DPA) in a case of federal charges against her for bank and wire fraud. вЂњIn a video footage seen by the Global Times, a GPS tracker ankle bracelet that Meng has worn for over two years has been removed, and she addressed the public after the hearing, showing gratitude for the Canadian judge and court upholding the rule of law,вЂќ it said. It had put HSBC at risk of violating US sanctions against Iran, Washington had alleged.ДЇollowing the deal on Friday, Meng Wanzhou was expected to be back in China as early as Saturday night, the Global Times said. The US had alleged that Meng Wanzhou, who is HuaweiвЂ™s chief financial officer (CFO), had misled HSBC bank over the nature of Huawei s ties with a company called Skycom. Meng Wanzhou is the elder daughter of billionaire Ren Zhengfei who in 1987 founded Huawei, the largest telecom equipment maker in the world.

HUAWEI CFO MENG WANZHOU FREE

Chinese state media on Saturday described Huawei heiress Meng WanzhouвЂ™s surprise release from detention in Canada as вЂњexciting newsвЂќ and a вЂњlandmark dealвЂќ in first reactions from Beijing after she reached an agreement with the US justice department that allows her to return to China.Д¬hinese state-run media said that Meng WanzhouвЂ™s release from her home detention in Vancouver could ease вЂњfrozenвЂќ China-Canada ties. Meng Wanzhou, HuaweiвЂ™s chief financial officer who has been held in Vancouver for almost three years on criminal fraud charges, walked free on Friday after reaching a deal with US prosecutors. While the communist regime in Beijing has consistently denied that Huawei is a state-run company or that they imprisoned Canadian citizens Michael Kovrig and Michael Spavor in response to charges levied against the daughter of the founder of the company, Meng Wanzhou, the two men were coincidently released within hours of the United States coming to an agreement with Huawei to allow their CFO.

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