• 26
  • 10
  • Favorite

Huawei in U.S. court after being accused of improperly helping its CFO in Canada

Reuters2021-04-26

Lawyers for China’s Huawei will appear in a New York court on Monday to defend the indicted telecoms equipment giant against accusations it is improperly helping its chief financial officer fight extradition from Canada.

U.S. prosecutors claim Huawei wrongly shared materials the government disclosed in the criminal case against the company with chief executive officer Meng Wanzhou, who also is charged but considered a fugitive.

A hearing on the dispute is scheduled for Monday afternoon in U.S. District Court in Brooklyn, where Huawei and Meng were indicted for bank fraud and other crimes, in a case that has strained ties between the United States, China and Canada. Meng was arrested on a U.S. warrant in Vancouver in December 2018.

Huawei’s counsel is “impermissibly using the government’s discovery in this case to help Meng fight extradition from Canada,” U.S. prosecutors said in an April 14 letter seeking the hearing.

Huawei has denied it made information available in violation of any court orders. Nothing “prohibits the defendants from stating that the evidence provided in discovery contradicts the government’s allegations,” lawyers representing Huawei wrote in an April 21 filing.

The indictment is one battle in a campaign the United States has waged against Huawei, which it has warned could spy on customers for Beijing. The company also was placed on a U.S. trade blacklist, and the United States moved to cut off its global chip supply.

Huawei has pleaded not guilty in the case and Meng has said she is innocent.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment10

  • Rahyenong
    ·2021-04-27
    Wow
    Reply
    Report
  • SSVC
    ·2021-04-27
    Hmm.. Appreciate your response and comments Thanks 
    Reply
    Report
    Fold Replies
    • PJoo
      Hands are tight for Huawei.
      2021-04-27
      Reply
      Report
  • Blubber
    ·2021-04-27
    Like and comment
    Reply
    Report
    Fold Replies
    • SSVC
      Done
      2021-04-27
      Reply
      Report
  • doky
    ·2021-04-27
    Omg
    Reply
    Report
  • keaty
    ·2021-04-27
    What...... 
    Reply
    Report
  • KLS
    ·2021-04-27
    Bhy
    Reply
    Report
  • CheeMang
    ·2021-04-27
    Comment pls
    Reply
    Report
    Fold Replies
    • KLS
      Buy
      2021-04-27
      Reply
      Report
  • nch777
    ·2021-04-27
    [Miser] 
    Reply
    Report
  • Jaminwu
    ·2021-04-27
    again!
    Reply
    Report
  • CCinderella
    ·2021-04-26
    nice
    Reply
    Report
    Fold Replies
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial