Chinese Tech Exec Faces 30 Years in Prison in U.S., Canadian Prosecutor Says

Associated Press

(WASHINGTON) — A prosecutor for the Canadian government says the chief financial officer of Chinese telecom giant Huawei has incentive to flee Canada because she faces charges in the U.S. of up to 30 years in prison.

The prosecutor said at the bail hearing for Meng Wanzhou that she has vast resources and would be motivated to flee Canada and return home to China.

He says the charges Meng is facing in the U.S. have to do with Huawei using an unofficial subsidiary to access the Iran market in dealings that would contravene U.S. sanctions.

Meng is accused of fraud. The prosecutor says she assured banks that Huawei and Skycom were separate companies but he says the U.S. contends that Skycom is Huawei.

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