Huawei: Huawei “heir” Meng Wanzhou released after years of tensions between China, US and Canada

Huawei’s “successor” is now free.

After nearly three years of house arrest in Canada, Huawei’s CFO – and the daughter of the founder of a Chinese technology company – was released and traveled to China after diplomatic tensions over her case.

Meng Wanjo was arrested on fraud charges when he arrived in Canada at the request of the United States in December 2018, and he and U.S. officials were notified this Friday. They reached an agreement to suspend the judicial process for fraud against her.

The U.S. Justice Department withdrew the extradition request against him, although it said it was still preparing for a lawsuit against Hawaii. Business Block List.

The United States has accused Meng of misleading HSBC Bank about the true nature of Huawei’s relationship with Skycom, putting the bank at risk of violating US sanctions against Iran.

The release of 49-year-old Meng comes in the wake of the administrator’s public approval of the charges.

“By accepting the judicial adjournment agreement, Ms. Meng accepts her responsibility in the scheme to defraud the global financial institution,” said attorney Nicole Pokemon. Refers to HSBC.

“My life over the last three years Radically changedMeng told reporters after learning of his release.

“Every cloud has a ray of light,” he continued. “I will never forget all the good greetings I received from people all over the world.”

The case of the senior executive Tight relationships Between the two largest economies in the world and Canada.

Shortly after Meng’s release and his departure from Canada, the government of Justin Trudeau announced that the two Canadians arrested in China would be released and return to their home country.

Former diplomat Michael Gowrick and businessman Michael Spover have been imprisoned in an Asian country since 2018, and the process against them was seen as Beijing’s retaliation for what happened to Meng. The Chinese government has always refused.

That’s Meng Eldest daughter of billionaire Ren Zhengfei, Founder of Huawei in 1987 and made it one of the largest technology companies in the world.

Huawei is facing allegations that Chinese officials may use its equipment to spy, which Beijing has denied.

In 2019, the United States imposed sanctions on Huawei and placed it on the export block list, excluding it from key technologies.

The UK, Sweden, Australia and Japan have also banned the use of Huawei’s technology, while other countries, including France and India, have taken steps to reduce the total ban.

A few days after Meng’s arrest in 2018, China detained Canadian citizens Michael Spover and Michael Gowrick on suspicion of spying.

In Canada they accused China of treating themselves Political bargaining, Using them as part of what is known as “hostage diplomacy” is something that Beijing has also denied.

Last month, a Chinese court sentenced Michael Spaur to 11 years in prison.

Canada rejected the sentence, saying the businessman’s trial did not meet even the minimum standards under international law.

At a news conference on Friday, the Prime Minister of Canada said the two had gone their separate ways “Incredibly difficult test.”

“Everyone has good news that they have returned to their families,” he added. “In the last 1,000 days, they have shown strength, perseverance, resilience and gentleness.”

Gowrik is a former diplomat hired by the Brussels-based think tank International Crisis Group.

Spawner is a founding member of an organization that facilitates international trade and cultural relations with North Korea.

Like many top managers at Huawei, Until his arrest Meng Wancho Keep up Low public profile.

However, the most intimate details of his life were revealed in court following his case.

In less than two decades, Meng went from answering phones to running the funds of the world’s second-largest cell phone maker.

He began his career as a receptionist in 1993, and joined Huawei in 1999 after completing a master’s degree in accounting at Huanzhong University of Science and Technology. Rose to become the largest private company in China.

Once in the finance department, he was appointed chief financial officer of the company in 2011 and was promoted to vice president a few months before his arrest.

The promotion sparked speculation that Meng was developing Wangzhou to lead the company.

In 2018, Forbes magazine ranked her 12th most powerful female executive in China.

Until shortly before his arrest, his contacts with his father and Huawei founder Ren Zhangfei were unknown.

At the age of 16, in a very unusual way in Chinese tradition, Meng Wanshu He adopted his mother’s last name, Meng Jun, Renin’s first wife.

Chinese executives working abroad often adopt a Western name for their overseas operations, hence Meng Wancho, also known as Sabrina Meng and Kathy Meng.

Meng, who has four children and has been married twice, testified in court that he was a Canadian resident until his return to China in 2009.

Her two children attended school in Vancouver between 2009 and 2012 Her husband was studying for a master’s degree In that city.

Confessions have explained that Meng will spend “several weeks, sometimes months” in Vancouver during the summer after the sons graduate.

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