Huawei CFO, Meng Wanzhou Released By Court Amid U.S. Plea Deal

Huawei CFO, Meng Wanzhou Released By Court Amid U.S. Plea Deal.

The Huawei Technologies Chief Financial Officer, Meng Wanzhou, has been freed after a B.C. court adjourned her U.S. extradition case.

The judge’s decision to free Meng comes just hours after the Huawei executive secured a deal to resolve the charges against her in a U.S. court.

If she abides by the terms of the deal, U.S. prosecutors said all charges against her will be dismissed, paving the way for her release.

The prosecutors also said they’ll be informing Canada that the U.S. is withdrawing its extradition request — the very request that led to her arrest in the first place.

2:36Meng Wanzhou speaks after extradition order withdrawn Meng Wanzhou speaks after extradition order withdrawn

As part of the new deferred prosecution agreement, Meng plead not guilty.

“This Deferred Prosecution Agreement will lead to the end of the ongoing extradition proceedings in Canada, which otherwise could have continued for many months, if not years,” said Acting Assistant Attorney General Mark J. Lesko for the Justice Department’s National Security Division in a statement.

“We are enormously grateful to Canada’s Department of Justice for its dedicated work on this extradition and for its steadfast adherence to the rule of law.”

1:00Meng Wanzhou leaves her Vancouver house for court, possibly for the last time

Meng Wanzhou leaves her Vancouver house for court, possibly for the last time

The Canadian court appearance is also expected to be significant and relate to the deal between the U.S. and Meng, Reuters has reported.

In Meng’s initial arrest, Canadian officials were acting on a U.S. warrant that had charged her with fraud for allegedly misleading HSBC about Huawei’s business dealings in Iran.

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