Case against Huawei CFO revealed in Vancouver court

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Huawei Technologies Co. Ltd. has been thrust into the spotlight with the arrest of Meng Wanzhou, its chief financial officer and deputy chair of the board. Crown counsel said that Meng is “charged with conspiracy to defraud multiple international institutions,” with each charge carrying a maximum sentence of 30 years in prison. According to a statement from the U.S. Department of Justice, Meng was arrested in Vancouver on Saturday and is being sought for extradition by the United States.

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