Huawei CFO Meng’s admissions can be used against company at criminal trial, US judge rules (opens in new tab)

A top Huawei Technologies executive’s admission that the Chinese telecoms company illegally conducted business in Iran can be used in the coming US trial against Huawei, according to a judge’s ruling filed in Brooklyn federal court on Tuesday. Chief Financial ‌Officer Meng Wanzhou made the admission as part of a 2021 deal to dismiss the criminal charges she faced in the case. In a four-page statement of facts, Meng acknowledged lying to a financial institution about Huawei’s compliance with...