We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of Cookies, revised Privacy Policy and Terms of Use.
  • 10 views
  • Edit

Huawei CFO Accused of Fraud for Hiding Business Relations with Iran Court Hears

2018-12-08 04:14
Meng Wanzhou, the chief financial officer of Chinese telecommunications giant Huawei, is wanted on alleged fraud charges in the United States, her bail hearing was told. Meng is accused of committing fraud because she told banks in the United States that Huawei and Skycom, a Hong Kong-based company reportedly doing business with Iran, have no connections. However, the court heard from a crown lawyer that Huawei controls Skycom.