Published On: Fri, Sep 24th, 2021

Huawei CFO Allowed to Return to China After Reaching Deal With US Prosecutors

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NEW YORK—Huawei executive Meng Wanzhou has reached a deferred prosecution agreement with the United States that would allow her to return to China nearly three years after her arrest and detention in Canada, a U.S. prosecutor said before a Brooklyn district court on Sept. 24. Under the agreement, the government would put the prosecution on hold until December 2022 and drop the case altogether if the defendant complies with specified conditions in the agreement, according to Assistant U.S. Attorney David Kessler. Meng would be able to leave Canada on Dec. 1 next year, Kessler said. Meng, the chief financial officer for the Chinese telecom giant and daughter of the company’s founder, was arrested at Vancouver International Airport in December 2018 at the request of the United States. U.S. prosecutors accused her of involvement in a scheme to use the global banking system to evade U.S. sanctions on Iran. Meng, while …

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