Huawei boss free to return to China after deal with US Justice Department


Source: newschainonline.com newschainonline.com

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Huawei boss free to return to China after deal with US Justice Department A boss of Chinese communications giant [Huawei](/chain/huawei) has resolved criminal charges against her as part of a deal with the [US](/chain/us) Justice Department that paves the way for her to return to China. The deal with Meng Wanzhou, Huawei’s chief financial officer and the daughter of the company’s founder, Ren Zhengfei, calls for the Justice Department to dismiss fraud charges late next year in exchange for Meng accepting responsibility for misrepresenting her company’s business dealings in Iran. The arrangement, known as a deferred prosecution agreement, resolves a...