United States unseals indictments against China's Huawei and CFO Wanzhou

Prosecutors are seeking to extradite the company's chief financial officer, Meng Wanzhou, and allege she committed fraud by misleading banks about Huawei's business dealings in Iran.

In a separate case, the Justice Department also accused two Huawei subsidiaries of ten counts of stealing trade secrets, wire fraud and obstructing justice for allegedly stealing robotic technology from carrier T-Mobile US Inc to test smartphones' durability.

Meng's arrest December 1 touched off a political furor marked by days of angry anti-Canada rhetoric from China's foreign ministry, culminating Sunday in the firing of John McCallum as Canada's ambassador to China.

"Huawei and its senior executives repeatedly refused to respect US law" by misleading banks about the company's business and violating USA sanctions, FBI Director Christopher Wray said in a news conference Monday. Meng is free in Vancouver, staying at her $4.2 million mansion with Global Positioning System monitoring, after posting bail of $10 million as she fights extradition to the U.S.to face criminal charges.

Ltd., the biggest telecommunications equipment maker in the world, took a sharp turn today with the unveiling of 23 criminal charges against the China-based company.

The top USA law enforcement officials, including acting attorney general Matthew G. Whitaker and FBI Director Christopher A. Wray, held a news conference in Washington to announce the charges. Ltd, a company in Iran, in violation of US laws.

Bad Timing for U.S.

Wray said firms like Huawei "pose a dual threat to both our economic and national security, and the magnitude of these charges make clear just how seriously the Federal Bureau of Investigation takes this threat".

A 10-count indictment alleges Huawei stole trade secrets from T-Mobile beginning in 2012.

The United States, which has until Wednesday to formally request her extradition, said last week it would press ahead with the case.

Meng's arrest has touched off an ongoing diplomatic furor that resulted Sunday in the firing of John McCallum as Canada's ambassador to China after he publicly expressed confidence in her ability to fight extradition to the United States.

The charges come just two days before the Trump administration plans to resume trade talks with the Chinese government in Washington.

  • Eleanor Harrison