Tagged: Huawei

DOJ Ends Standoff & Agrees to DPA with Huawei CFO Wanzhou Meng

The long political and prosecution standoff between the U.S. Government/Department of Justice and Huawei/China ended abruptly last week when Wanzhou Meng, CFO of Huawei Technologies Co., Ltd. appeared in federal district court in Brooklyn and entered into a deferred prosecution agreement (DPA) and admitted to misleading global financial institutions. Meng was immediately released and returned to China. The resolution of Wanzhou Meng’s case resolved a...