Huawei executive returning as China releases Canadians
ABC News
China is eagerly anticipating the return of an executive of global communications giant Huawei Technologies following a legal settlement that also saw the release of two Canadian citizens held by Beijing
SHENZHEN, China -- China's government was eagerly anticipating the return of a top executive from global communications giant Huawei Technologies on Saturday following what amounted to a high-stakes prisoner swap with Canada and the U.S.
Meng Wanzhou, 49, Huawei’s chief finance officer and the daughter of the company’s founder, reached an agreement with U.S. federal prosecutors that called for fraud charges against her to be dismissed next year. As part of the deal, known as a deferred prosecution agreement, she accepted responsibility for misrepresenting the company’s business dealings in Iran.
The same day, two Canadian citizens held by Beijing were were freed and flown back to Canada.
Meng was expected to arrive late Saturday in the southern technology hub of Shenzhen where Huawei is based.
