New Delhi: Huawei Chief Financial Officer Meng Wanzhou’s case comes after a year-long extradition drama reached an agreement with US prosecutors to end a bank fraud case against him after Meng returned home to China on Friday. There has been a success.
The extradition drama remained a major cause of discord and deteriorating relations between Beijing and Washington, with Chinese officials insisting the case needed to be dropped to help end the diplomatic standoff.
What prompted the release of Huawei’s chief financial officer Meng Wanzhou?
Meng Wanzhou, who had been under house arrest in Canada since December 2018, was discharged on an extradition case to the United States after the US Justice Department agreed a settlement with her.
As per the deal, two Canadians who were arrested shortly after Meng was taken into custody in December 2018 were released from Chinese prisons and were on their way back to Canada. According to Reuters, Beijing had denied that his arrest was linked.
Meng was arrested at Vancouver International Airport on a US warrant, and on bank and wire fraud charges for allegedly misleading HSBC (HSBA.L) in 2013 about the telecommunications equipment giant’s business deals in Iran. was accused.
According to Reuters, the United States reached a deferred prosecution agreement with Meng on Friday. While she said the long-running case was “disruptive” for her personally, Meng Wanzhou commended the court for “their professionalism and the Canadian government for upholding the rule of law.”
Who are the two Canadians released?
Michael Spavor and Michael Kovrig were charged with espionage in 2018, shortly after Meng was arrested by Canadian police. People criticized the folding move with people accusing China of detaining Canadians in response to Meng’s arrest, using them as political bargaining chips. Beijing strongly denied this.
Both men had maintained their innocence throughout.
Justin Trudeau told that two Canadian citizens imprisoned in China were returning to Canada on a flight from China. Addressing the media in Ottawa, he said, “These two men have gone through an incredibly difficult test. For the past 1,000 days, they have shown strength, perseverance, resilience and grace.
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