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HOn 28 January 2019, U.S. federal prosecutors formally indicted vice-chairwoman and CFO Meng Wanzhou (daughter of company founder Ren Zhengfei) and Huawei with thirteen counts of bank and wire fraud (in order to mask sale of U.S. technology in Iran that is illegal under sanctions), obstruction of justice, and misappropriating trade secrets. The Department also filed a formal extradition request for Meng with Canadian authorities that same day. Huawei responded to the charges and said that it “denies that it or its subsidiary or affiliate have committed any of the asserted violations”, as well as asserted Meng was similarly innocent. The China Ministry of Industry and Information Technology believed the charges brought on by the United States were “unfair”.

Credits: Wikipedia

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