Business

Huawei pleads not guilty to violating Iran trade sanctions

NEW YORK — Lawyers for the Chinese electronics giant Huawei have entered a not-guilty plea in a U.S. case charging the company with violating Iran trade sanctions.

The company was arraigned Thursday on an indictment filed in federal court in Brooklyn.

Prosecutors have accused Huawei of using a Hong Kong front company to trade with Iran in violation of U.S. sanctions. They allege the daughter of Huawei’s founder lied to banks about those dealings while serving as the company’s chief financial officer.

Meng Wanzhou was arrested in Canada earlier this year and is awaiting extradition to the United States. She denies the allegations.

The No. 2 smartphone maker is accused in a separate indictment of stealing technology secrets. The company has denied all the charges in a case that’s heightened tensions over trade.

Source link

Related posts

Russian soda giant wins case against Credit Suisse banker

admin

Markets rise on hopes of breakthrough in trade talks with China

admin

Safe topics for this year’s office holiday party

admin

This commodity will make or break the China trade war

admin

EZ Pass’ floating funds keeps public officials honest

admin

Barnes & Noble countersues ex-CEO Demos Parneros on harassment claims

admin

Leave a Comment

Learn about the dangers of menstrual cups . La marcatura laser su metallo permette di incidere su questo materiale in modo indelebile, con un risultato che non sarebbe ottenibile con altri sistemi 3a074b3ca5c6b15df8c72658184d962b27de579e 259f67d715eb9f899acfd02a2395fdb6a2302134