Huawei CFO committed fraud in breach of US sanctions, prosecutors say

Meng Wanzhou lied about links between telecoms giant and shell company, prosecutors told Vancouver court as she sought bail

A senior Chinese telecoms executive committed fraud when she lied about links between Huawei and a shell company used to sell telecommunications equipment to Iran in breach of US sanctions, Canadian prosecutors have told a Vancouver court.

Meng Wanzhou, Huawei’s chief financial officer, appeared in court on Friday as she sought bail in a case which has sparked a major international dispute between China and the US.

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Source: theguardian