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Huawei executive freed in Canada after deal with US prosecutors

Huawei Chief Financial officer Meng Wanzhou has reached a deal with US prosecutors to resolve charges against her

Chinese telecoms executive Meng Wanzhou was freed Friday after three years of house arrest in Canada, following an agreement with the US Justice Department to suspend the fraud charges against her that had poisoned Beijing’s relations with Washington and Ottawa.

Meng — the 49-year-old daughter of Ren Zhengfei, the billionaire founder of world-leading telecoms equipment supplier Huawei — was granted release in a Vancouver court hearing, hours after US prosecutors announced an agreement in New York under which charges are to be suspended and eventually dropped.

Canadian officials can now hope her freedom will lead to China releasing two Canadians, businessman Michael Spavor and former diplomat Michael Kovrig, who were arrested and imprisoned on espionage charges in the days after Meng was detained, in what China’s Western critics branded “hostage diplomacy.”

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“Over the past three years, my life has been turned upside down. It was a disruptive time for me as a mother, wife and a company executive,” she said.

“The saying goes, the greater the difficulty, the greater the growth.”

The resolution of the case removes a deep thorn in the relationship between Beijing, Washington and Ottawa, with China accusing the United States of a political attack on one of the Asian giant’s technology titans.

Following her 2018 arrest, she was confined to a palatial mansion with an ankle bracelet for monitoring her movements in the western Canadian city, as she fought extradition to the United States.

It said Huawei routed Skycom-linked payments through the US banking system, tying it to the sanctions violations, and said that Meng had served on the Skycom board.

In exchange, they agreed to defer the charges — which carried the risk of up to 30 years in prison — until December 1, 2022, and then drop them if Meng abides by the terms of the agreement.

“Meng’s admissions are evidence of a consistent pattern of deception to violate US law,” said FBI Assistant Director Alan Kohler.

The charges and Meng’s arrest were enmeshed in a broader campaign against Huawei, a private firm that Washington says is closely tied to the Chinese government and People’s Liberation Army.

US government agencies are banned from buying Huawei equipment, and Washington has pressured allies to follow suit.

– ‘Hostage diplomacy’-

Both were put on trial in March this year. In August, Spavor was sentenced to 11 years in prison, while there has been no decision in Kovrig’s case.

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