04/12/2020 11:46 GMT + 7
According to the Wall Street Times source, the US Justice Department is in talks with Huawei CFO Manh Van Chu to allow her to return to her homeland if she pleaded guilty.
|Huawei Finance Director Manh Van Chu. Photo: AP|
Ms. Manh faces charges of banking and electronic fraud related to violation of US sanctions against Iran. According to the source, Ms. Manh’s lawyer has discussed with US Justice Department officials in recent weeks the possibility of reaching a “postponement agreement”. Prosecutors often use this agreement with companies but rarely grant it to individuals.
If an agreement is reached, Ms. Manh is asked to admit some of the charges, but the prosecutor agrees to delay the prosecution and then dismiss the charges if Ms. Manh cooperates. So far, Ms. Manh opposes the agreement because she believes she is innocent.
Arrested 2 years ago in Vancouver (Canada), Ms. Meng was detained at her home in the city. Since then, she has fought against extradition to the US. The aforementioned agreement not only allowed her to return to her homeland of China, but also removed a problem that deteriorated Beijing-Ottawa relations.
The administration of President Donald Trump sees Huawei as a national security risk and says Meng’s actions on behalf of Huawei to do business in Iran are a sign of the company’s wrongdoing. China’s actions outraged Beijing, accusing Washington of discriminating against Huawei and calling for Canada’s release.
Several Wall Street Times sources have revealed negotiators of the two sides meet again this week in hopes of reaching a deal before President Trump’s term ends. Huawei officials also raise hopes that President-elect Joe Biden can be more lenient. Ms. Manh’s lawyer and the Justice Department official are negotiating to determine the agreed terms.
Meng Wanzhou is the daughter of Huawei founder Ren Zhengfei. Ms. Meng argues that she was falsely accused and that her request for extradition is inappropriate, based on political motives at a time when the US is looking to gain dominance in the long-term trade and technology war with China.
The case revolved around accusing Ms. Meng of deceiving banks in a 2013 document about the company’s relations with Iran. Therefore, banks through transactions worth hundreds of millions of dollars, are likely to violate US sanctions on Iran. Meng’s lawyer asserted that the US made a mistake by excluding part of a presentation that mentioned Huawei’s business in Iran.
Extradition hearings are still ongoing. Ms. Manh, despite being released on bail, must wear a monitoring device.
Du Lam (According to WSJ)
Two-year arrest of Meng Wanzhou: Huawei is still in a war of survival
On December 1, 2018, Huawei CFO Manh Van Chu was arrested at Vancouver airport. The incident marked a turning point for the destiny of the Chinese technological monument.