Huawei Chief Financial Officer Meng Wanzhou entered into a plea deal (a “deferred prosecution agreement”) with the U.S. Department of Justice (DOJ) on Sept. 24. According to the statement released from the DOJ Office of Public Affairs, Meng “has taken responsibility for her principal role in perpetrating a scheme to defraud a global financial institution.” In admitting her crimes, including knowingly making false statements about Huawei’s operations in Iran (which is under U.S. trade sanctions), she agreed “not to commit other federal, state or local crimes.”
