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#Huawei CFO #WanzhouMeng has admitted to Misleading Global Financial Institution

Meng made multiple material misrepresentations to a senior executive of a financial institution regarding Huawei’s business operations in #Iran
… in an effort to preserve Huawei’s banking relationship with the financial institution
Huawei owned #Skycom Tech. Co. a Hong Kong company that primarily operated in Iran. As of February 2007, Skycom was wholly owned by a subsidiary of #Huawei
Between 2010 and 2014, Huawei controlled Skycom’s business operations in Iran, and Skycom was owned by an entity controlled by Huawei. All significant Skycom business decisions were made by Huawei.
#China #WanzhouMeng #Huawei
Read 4 tweets
THREAD: @StarVancouver is reporting live from Wanzhou Meng’s bail hearing in B.C. Supreme Court. The #Huawei CFO was arrested in Vancouver Saturday. This story will be updated all day. thestar.com/vancouver/2018… Follow: @Mui24hours @jwints @Nuttallreports #MengWanzhou #Huaweiarrest
Dozens of journalists including many international media are waiting to enter Court 20 for #MengWanzhou bail hearing #Huaweiarrest #Huawei at B.C. Supreme Court.
Lawyer Richard Kurland tells us: It’ll be up to Meng and her legal team to prove she is not likely to flee Canada if she gets bail. Meng is being sought by the U.S. Attorney’s Eastern District of New York office (Brooklyn) to face unspecified charges. thestar.com/vancouver/2018…
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