Huawei CFO charged with conspiracy to defraud banks

Bradley Prior

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#1
Huawei CFO charged with conspiracy to defraud banks

Huawei Technologies Co. Chief Financial Officer Meng Wanzhou was charged with conspiracy to defraud banks and should not be granted bail because she may flee, a lawyer representing Canada said during a court hearing on Friday.

The U.S. alleges that Huawei used an unofficial subsidiary called Skycom to do business in Iran for Iranian telecom companies, breaching U.S. and European sanctions against the Middle Eastern country, according to Crown attorney John Gibb-Carsley. [Bloomberg]
 

sajunky

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#2
Defraud banks?

Act of international terrorism. Charging CFO of Huawei for alleged activities of another company, allegedly an unofficial subsidiary of Huawei.

Now we know these charges come from bankers.
 

ponder

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#4
Defraud banks?

Act of international terrorism. Charging CFO of Huawei for alleged activities of another company, allegedly an unofficial subsidiary of Huawei.

Now we know these charges come from bankers.
https://www.bbc.com/news/world-us-canada-46490053

The court was told that she had publicly misrepresented Skycom as being a separate company.

A Canadian government lawyer said Ms Meng was accused of "conspiracy to defraud multiple financial institutions".

He said she had denied to US bankers any direct connections between Huawei and SkyCom, when in fact "SkyCom is Huawei".
 

system32

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#6
LoL no, she committed fraud. You get arrested when you do that.
Where's your proof that Huawei committed fraud?
Sanction law is complex, and US have changed the rules a number of times, and there were exceptions for telcoms.
HSBC has it's own lawyers and know if a deal is illegal.
Why wait 8 years to suddenly arrest someone?

Why has USA (and it's proxy AU, NZ) blocked Huawei 5G on "security concerns".
Qualcomm, Cisco work closely with NSA/CIA/FBI.Cisco has many back doors.
Qualcomm started as a contract research and development center largely for USA government and USA defense projects.

USA see that Huawei will become a global leader on 5G and USA doing all they can to block Huawei - including arresting the CFO on trumped up charges.
 

Brenden_E

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#7
Where's your proof that Huawei committed fraud?
Sanction law is complex, and US have changed the rules a number of times, and there were exceptions for telcoms.
HSBC has it's own lawyers and know if a deal is illegal.
Why wait 8 years to suddenly arrest someone?

Why has USA (and it's proxy AU, NZ) blocked Huawei 5G on "security concerns".
Qualcomm, Cisco work closely with NSA/CIA/FBI.Cisco has many back doors.
Qualcomm started as a contract research and development center largely for USA government and USA defense projects.

USA see that Huawei will become a global leader on 5G and USA doing all they can to block Huawei - including arresting the CFO on trumped up charges.
She, a person did. I don't care about your conspiracy theories, maybe they are true.
But what is undisputed true is that Meng Wangzhou misrepresented sky-whatever as not being part of Huawei. When it clearly was. Fraud. Simple.
 

system32

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#8
She, a person did. I don't care about your conspiracy theories, maybe they are true.
But what is undisputed true is that Meng Wangzhou misrepresented sky-whatever as not being part of Huawei. When it clearly was. Fraud. Simple.
It is an allegation by the US and has not been proven true in a Chinese court.
As stated, "US Sanction law is complex, and US have changed the rules a number of times, and there were exceptions for telcoms" - there is no proof that she broke the law.
There is a allegation, but no proof - needs to go to court and be proved.

There is proof that:
1) US misrepresentation & lied when it stated that there were WMD in Iraq and invaded the country.
2) The biggest misrepresenter is Mr Orange:
https://www.washingtonpost.com/graphics/politics/trump-claims-database/
Seems there are 2 misrepresentation laws, one for US and one for Huawei.
 

Brenden_E

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#9
It is an allegation by the US and has not been proven true in a Chinese court.
As stated, "US Sanction law is complex, and US have changed the rules a number of times, and there were exceptions for telcoms" - there is no proof that she broke the law.
There is a allegation, but no proof - needs to go to court and be proved.

There is proof that:
1) US misrepresentation & lied when it stated that there were WMD in Iraq and invaded the country.
2) The biggest misrepresenter is Mr Orange:
https://www.washingtonpost.com/graphics/politics/trump-claims-database/
Seems there are 2 misrepresentation laws, one for US and one for Huawei.
And that's why she was arrested, to have her day in court. Duuuuh!
 

Brenden_E

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#11
Doesn't make her arrest legal and she is innocent until proven guilty.
Haha! How would you otherwise get someone to have their day in court when they will flee the country at the first opportunity? You're going full retard, buddy.

This is exactly how arrests work. Charges were made, they need to be tested in court.
 

tridev

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#14
Will the financial officer of MTN also be arrested next since MTN is running a telecoms network in Iran?
 

OrbitalDawn

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#17
It is an allegation by the US and has not been proven true in a Chinese court.
As stated, "US Sanction law is complex, and US have changed the rules a number of times, and there were exceptions for telcoms" - there is no proof that she broke the law.
There is a allegation, but no proof - needs to go to court and be proved.
Why would it need to be proven in a Chinese court? China isn't charging her...

And she is being prosecuted... in court. That's literally what's happening now, so not sure what you're going on about.
 

system32

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#20
That's a conspiracy theory. How do you prove or disprove it?
Are you calling "U.S. Australia and New Zealand have blocked or limited the use of Huawei gear." and arresting the CFO a conspiracy theory?

For the person to have their day in court and show that they have been wrongly accused (or not).
And somehow you have a problem with this. Mind boggling.
I don't have a problem arresting someone when you have an airtight case - the US does not have an air tight case.
US Sanction law is complex, and US have changed the rules a number of times, and there were exceptions for telcoms
She did not break any Chinese laws.

You calling arresting someone on the 1st Dec, keep it silent for a week then denying bail "allowing the person to have a day in court" - even Duduzane Zuma did not get treated so badly.

I understand the requirement to arrest someone to appear in court - the alleged offense was committed 8 years ago, and US had plenty of opportunities to arrest her when she went to US.

US is scared of Huawei becoming the leader in 5G.
 
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