New documents link Huawei to suspected front companies in Iran and Syria

(Reuters) — The U.S. case against the , centers on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the other is that firm’s owner, a holding company registered in Mauritius.

U.S. authorities allege CFO Meng Wanzhou deceived international banks into clearing transactions with Iran by claiming the two companies were independent of Huawei, when in fact Huawei controlled them. Huawei has maintained the two are

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The post New documents link Huawei to suspected front companies in Iran and Syria appeared first on RocketNews | Top News Stories From Around the Globe.

New documents link Huawei to suspected front companies in Iran and Syria

(Reuters) — The U.S. case against the , centers on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the other is that firm’s owner, a holding company registered in Mauritius.

U.S. authorities allege CFO Meng Wanzhou deceived international banks into clearing transactions with Iran by claiming the two companies were independent of Huawei, when in fact Huawei controlled them. Huawei has maintained the two are

Read More At Article Source | Article Attribution

The post New documents link Huawei to suspected front companies in Iran and Syria appeared first on RocketNews | Top News Stories From Around the Globe.