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US Court Officially Drops Charges Against Meng Wanzhou and Rules No Further Lawsuits Can Be Filed | Anue tycoon-US stocks

On Friday (2) a US judge formally dropped the charges against Huawei’s chief financial officer Meng Wanzhou and ruled that no further prosecutions can be brought, ending the criminal case that has strained US- China.

Meng Wanzhou, 50, the rotating chairman, vice chairman and chief financial officer of Huawei, was arrested in December 2018 while changing planes in Canada and charged with bank fraud. banks, exposing them to the risk of being punished for violating US sanctions.

Meng Wanzhou reached a deferred prosecution agreement with US prosecutors last year. The US Department of Justice agreed that as long as Meng Wanzhou complies with the terms of the agreement, the charges against her will be withdrawn on December 1, 2022.

Attorney Carolyn Pokorny of Brooklyn, New York, wrote to Magistrate Ann Donnelly on Thursday (1st) that because Meng Wanzhou did not violate the agreement, she would ask the court to drop the charges against her.

After Meng Wanzhou was arrested in Canada in 2018, the United States filed an extradition request to Canada the following year, but Meng Wanzhou remained in Canada until her release last year. Shortly after her release, the Chinese government released two Canadian citizens who had been detained for more than 1,000 days and a pair of Chinese-American brothers who had been banned from leaving the country for three years.

Though the US court ruling ended nearly three years of legal battles, the US still regards Huawei as a threat to national security and last week imposed a ban on the sale of new equipment by Chinese telecom firms such as Huawei and ZTE .


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