U.S. DOJ resumes talks on plea deal with Huawei’s Meng Wanzhou – Globe and Mail By Reuters

© Reuters. FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou returns to a court hearing following a lunch break in Vancouver, British Columbia, Canada, August 18, 2021. REUTERS/Jennifer Gauthier

(Reuters) – The United States has resumed talks with Huawei Technologies Co. Ltd and lawyers for Chief Financial Officer Meng Wanzhou about a possible deffered prosecution agreement for the Chinese executive that could allow her to return to China, the Globe and Mail reported on Friday, citing Canadian sources.

The United States is prepared to end its extradition request and criminal proceedings against Meng if she pleads guilty and pays a hefty fine, the report said.

The U.S. Department of Justice has been in talks for weeks with the company and lawyers for Meng, the report added, citing two sources.

Huawei and the U.S. Department of Justice did not immediately respond to a Reuters request for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button