New evidence proves Huawei’s links with Iran-based company

New evidence proves Huawei’s links with Iran-based company

Mubasher: New evidence in the US case against the chief financial officer of China’s Huawei Technologies Meng Wanzhou has discovered, which could prove Meng guilty.

The Canadian authorities arrested Meng on allegations include deceiving global banking into clearing various transactions with Iran in violation to the economic sanctions imposed on the Middle Eastern country by the US, Reuters reported.

The international news agency has found documents prove Huawei’s links to two obscure companies Skycom Tech Co Ltd and Canicula Holdings, the first operates in Tehran.

“The documents reveal that a high-level Huawei executive appears to have been appointed Skycom’s Iran manager. They also show that at least three Chinese-named individuals had signing rights for both Huawei and Skycom bank accounts in Iran,” Reuters said.

Meng was released on C$10 million ($7.5 million) bail on 11 December and remains in Vancouver, while the US attempting to extradite her. She faces allegations concerning conspiracy to defraud multiple financial institutions that could send her into a 30 years in prison.