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Exclusive: Huawei hid business operation in Iran after Reuters reported links to CFO - ... - 0 views

www.reuters.com/...ted-links-to-cfo-idUSKBN23A19B

shared by nrashkind on 04 Jun 20 - No Cached

Huawei hid business operation in Iran after Reuters reported links to CFO
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China’s Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after Reuters in 2013 reported deep links between the firm and the telecom-equipment giant’s chief financial officer, newly obtained internal Huawei documents show.
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Skycom Tech Co Ltd - as a separate local business partner in Iran.
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Huawei has long described the firm
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Now, documents obtained by Reuters show how the Chinese tech titan effectively controlled Skycom.
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One document described how Huawei scrambled in early 2013 to try to “separate” itself from Skycom out of concern over trade sanctions on Tehran.
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To that end, this and other documents show, Huawei took a series of actions - including changing the managers of Skycom, shutting down Skycom’s Tehran office and forming another business in Iran to take over tens of millions of dollars worth of Skycom contracts.
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The revelations in the new documents could buttress a high-profile criminal case being pursued by U.S. authorities against Huawei and its chief financial officer, Meng Wanzhou, who is also the daughter of Huawei’s founder.
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The United States has been trying to get Meng extradited from Canada, where she was arrested in December 2018.
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Huawei and Meng have denied the criminal charges, which include bank fraud, wire fraud and other allegations.
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The newly obtained documents appear to undermine Huawei’s claims that Skycom was just a business partner.
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Huawei declined to comment for this story.
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