Huawei’s CFO could face 30 years in prison for fraud and violating US sanctions in Ian.
After being arrested on Saturday, Huawei CFO Meng Wanzhou is still awaiting extradition to the United States. At the time no formal charges had been disclosed, but a bail hearing held in Vancouver revealed that Meng Wanzhou has been charged with fraud and violating US sanctions against Iran. The scandal revolves around a small company called Skycom Tech that is located in Hong Kong. According to John Gibb-Carsley, a lawyer working for Canada’s Justice Department, Skycom has operated as an unofficial subsidiary of Huawei for several years. The two companies have attempted to hide their relationship from the public, but internally the company is clearly a part of Huawei as employees have Huawei email addresses and ID badges.
