Huawei racketeering trial enters second day of testimony
Key witnesses are expected to testify in Chinese tech giant Huawei Technologies’ landmark criminal case on Thursday in Brooklyn, New York, as it enters its second day of testimony. It comes after a US government lawyer told federal jurors on the opening day that Huawei engaged in criminal activities to achieve “growth at any cost”, while a lawyer for the company said that Huawei employees deemed…
The second day of testimony commenced in the landmark criminal trial of Chinese tech giant Huawei Technologies in Brooklyn, New York. US government lawyer Taylor Stout told the federal jurors that Huawei had operated as a criminal enterprise for over two decades, running a "culture of crime" from the top leadership down. Meng Wanzhou, Huawei's chief financial officer, was arrested in Canada in 2018 on suspicion of violating US sanctions on Iran and bank fraud, spending nearly three years under house arrest.
In 2021, she reached a negotiated plea deal with the US government, admitting to some wrongdoing while prosecutors dropped their extradition request. This admission of some wrongdoing is expected to be a major point of contention in the trial, as prosecutors argue it demonstrates Huawei's top-down criminal culture while the defense seeks to minimize its importance.
The trial, which dates the alleged criminal activity back to 1999, includes charges of bank fraud, money laundering, and racketeering conspiracy against Huawei, with 14 criminal counts in total.
Written by urgent.news from Reuters Business via SCMP's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
