Reuters and the CBC first reported that Huawei CFO Meng Wanzhou would appear in a Brooklyn federal courtroom today via streaming video and enter a plea regarding US charges against her. Meng was indicted on fraud charges claiming the Chinese technology and telecommunications company misrepresented its relationship with an Iranian affiliate, along with accusations it stole intellectual property from T-Mobile. The 13-count indictment named Meng, Huawei, and two of its subsidiaries — Huawei USA and Skycom. Its sources report that Huawei itself is not a part of the deal and will continue to fight its charges of fraud and trade secret theft. Update September 24th, 3:24PM ET: Updated to add Meng’s court appearance, not guilty plea, and prosecution agreement details.

Source: The Nation September 24, 2021 20:15 UTC