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Huawei CFO accused of fraud, to face 30 years in prison

ANI  |  Vancouver [Canada] 

CFO, Meng Wanzhou, who was arrested in has been accused of with a maximum penalty of 30 years in prison.

Meng, who is the daughter of founder allegedly allowed the company's subsidiary to do in Iran, thereby violating US sanctions against the country, reported.

The has long viewed the company and its close ties to the as a threat to national security. reportedly also received several warnings over violating Iranian sanctions.

Meng may be extradited to the US, subject to approval from the Meanwhile, Huawei claims that it is not aware of any wrongdoing by her. The affairs has firmly requested Meng's release.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, December 08 2018. 12:00 IST
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