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Associated Press: US Charges Chinese Tech Giant Huawei, Top ExecutiveJanuary 28, 2019
The Justice Department recently unsealed criminal charges against Chinese tech company Huawei along with two of its subsidiaries and a top executive, who have been accused of violating US sanctions and misleading banks.
Prosecutors are currently seeking to extradite the company’s chief financial officer Meng Wanzhou, who was arrested in Canada because the US and China do not have an extradition treaty. However, it is now easier for US prosecutors to indict overseas defendants without involving foreign governments under new rules recently enacted, said partner Ronald Cheng. He added that there is considerable concern among Chinese business executives about increased enforcement in such cases, which began during the Obama administration.
“I think the government would say that this is part of a large pattern of conduct” by Chinese companies, Cheng said regarding the indictments.
This Associated Press story appeared in multiple news outlets including TIME and MSN.com.
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