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Huawei’s Meng Wanzhou freed after reaching deal with US prosecutors

Chinese group’s CFO admits misleading HSBC over operations linked to Iran

Meng Wanzhou, Huawei’s chief financial officer, walked free on Friday after reaching a deal with US prosecutors to resolve criminal fraud charges that led to her detention in Vancouver for nearly three years and deepened a diplomatic rift between China and the US and Canada. 

A Canadian judge ordered Meng’s release on Friday, just hours after US prosecutors announced a deferred prosecution agreement with her during a federal court hearing in Brooklyn before US Judge Ann Donnelly. Meng, 49, attended the US hearing by video.

If Meng complies with the terms of the US agreement — in which she acknowledged misleading HSBC about Huawei’s relationship with a Hong Kong-based company called Skycom that operated in Iran — the charges against her will be dismissed by December 2022, US prosecutors said.

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