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US charges Chinese tech giant Huawei, top executive

29 January 2019

"As part of this scheme to defraud", alleges the DOJ press release, "Meng allegedly personally made a presentation in August 2013 to an executive of one of Huawei's major banking partners in which she repeatedly lied about the relationship between Huawei and Skycom".

The department unveiled 13 charges against chief financial officer Meng Wanzhou - the daughter of the company's founder who is now out on bail in Canada - and three affiliates related to violating United States sanctions on Iran.

In a 13-count indictment filed in NY, the Justice Department said Huawei misled a global bank and US authorities about its relationship with the subsidiaries, SkycomTech and Huawei Device USA Inc, in order to conduct business in Iran.

A separate indictment from Washington state accuses Huawei, its U.S. affiliate, Skycom and Meng, of stealing trade secrets from the telecommunications company T-Mobile. The latter is a robotic technology used by the carrier to test phones, and T-Mobile won a $4.8 million judgment against Huawei in a civil case back in 2017.

It arose from a multiyear investigation into potential violations by Chinese companies of USA sanctions on Iran.

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More specifically, Huawei and Skycom were charged with bank fraud and conspiracy to commit bank fraud, wire fraud and conspiracy to commit wire fraud. It arose from a multiyear investigation into potential violations by Chinese companies of United States sanctions on Iran.

Acting Attorney General Matthew Whitaker announced criminal charges against Meng and other Huawei executives.

According to the Justice Department, the charges stem from a multi-year scheme by Huawei to hide business activities in Iran from global financial authorities and the U.S. government.

Whitaker confirmed that the department is proceeding with its extradition efforts against Meng in accordance with the existing timetable, which requires that the formal request be registered with the Canadian courts by Wednesday.

The top USA law enforcement officials, including acting Attorney General Matthew Whitaker and FBI Director Christopher Wray, held a news conference in Washington to announce the charges.

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Meng's detention was also marked last month by President Donald Trump's public musings about the possibility that the case might help the its trade negotiations with China.

U.S. commerce secretary Wilbur Ross stated that the Huawei charges were "wholly separate" from ongoing trade negotiations with China.

The meetings are part of what Trump agreed to with Chinese President Xi Jinping during meetings past year in Argentina, where they hatched a plan to spend 90 days talking about what it would take for the two countries to forge a trade alliance.

White House spokeswoman Sarah Sanders says the two developments are unrelated.

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US charges Chinese tech giant Huawei, top executive