US prosecutors have reached a deal to allow Huawei’s chief financial officer Meng Wanzhou to return home to China after three years detained in Canada, according to reports.
Ms Wanzhou, the daughter of Huawei’s founder and chief executive Ren Zhengfei, has been undergoing extradition hearings in Vancouver since being arrested there at the request of the US in 2018.
On Friday, however, both Reuters and the Wall Street Journal reported that the US Justice Department had agreed to resolve charges of bank and wire fraud relating to Huawei’s business dealings.
US officials accuse the Chinese telecommunications giant of using its global clout to spy on other countries for the Chinese government, which Huawei strenuously denies.
This story is developing...
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