Years-long extradition process could be ahead for Huawei's Meng Wanzhou

Years-long extradition process could be ahead for Huawei's Meng Wanzhou

The US Justice Department unsealed criminal charges Monday against Huawei and its several subsidiaries, as well as Meng herself, alleging the company stole trade secrets, misled banks about its business and violated US sanctions.

Among the top Huawei Company officials that have been indicted include the chief financial officer, Wanzhou Meng, who was arrested in Canada towards the end of previous year and accused of making attempts to violate United States trade policies globally.

The judge allowed Meng to restore realtor Robert Cheng and his wife as sureties. Meng is out on bail in Vancouver and her case is due back in court Tuesday as she awaits extradition proceedings to begin.

Back in December in particular we saw the high-profile arrest of Huawei's CFO Meng Wanzhou in Canada on the grounds of an USA arrest warrant.

Meng's bail terms include wearing an ankle monitor, remaining inside her home between 11 p.m. and 6 a.m. and around-the-clock surveillance.

The US Department of Justice also claimed that Huawei conspired to steal trade secrets of American company T-Mobile to "gain [an] unfair advantage in the global marketplace".

The United States has made an official request to Canada for the extradition of Meng Wanzhou, chief financial officer of Chinese telecom giant Huawei.

"We strongly urge the United States to stop the unreasonable crackdown on Chinese companies including Huawei", the Chinese government said in a statement, adding that it will "firmly defend" its companies, though it gave no indication whether Beijing might retaliate for the charges against Huawei, China's first global tech brand and biggest maker of switching gear for phone and internet companies.

China's foreign ministry has urged the U.S. to drop the arrest warrant against Meng and end "unreasonable suppression" of Chinese companies.

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In addition, 10 United States federal charges were filed against two Huawei affiliates for allegedly stealing technology from T-Mobile.

US commerce secretary Ross said in a statement the charges were "wholly separate" from US-China trade negotiations.

Meng was arrested during a stopover in Vancouver, British Columbia, on December 1 on suspicion of breaking U.S. trade sanctions.

"The decision by the Australian government to deny Huawei the right to tender to supply Australia's telecommunications spine, the National Broadband Network.did not get in the way of that government entering into a free trade agreement with China", Brandis said.

"There's a lot of China bashing going on and Huawei is getting swept up in that and it's frustrating for me and for our global board", a frustrated John Lord told The Australian Financial Review after the U.S. announced criminal charges against the global firm and its chief financial officer.

It's separate from a 13-count case that accuses Huawei of misleading banks about the company's business and violating U.S. sanctions.

Huawei is yet to comment on the charges. Speaking on Monday, the acting attorney general, Matthew Whitaker, said that indictment documents are being prepared against Huawei and its top officials.

Huawei faces a fine of up to $500,000 for wire fraud and obstruction of justice and up to $5 million for conspiracy and attempt to commit trade secret theft, if found guilty in the court of law.

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