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The Economic Times
The Economic Times

Huawei CFO's admissions can be used against company at criminal trial, US judge rules

A top Huawei executive's admission that the Chinese telecom company illegally conducted business in ​Iran can be used in the upcoming ​US trial against Huawei, according to a judge's ruling filed in Brooklyn ​federal court on Tuesday.

Chief financial officer Meng Wanzhou made the admission as part of a 2021 deal to dismiss the criminal charges she faced in the case. In a four-page statement of facts, Meng acknowledged lying to a financial institution about ‌Huawei's compliance with ⁠sanctions ⁠and export control law.

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