Huawei accused of using shell companies to commit fraud in US

When Meng Wanzhou, Huawei’s CFO and daughter of its billionaire founder, was arrested in Canada in December at the request of the US, the context dominated: US-Chinese tensions over trade and geopolitics were growing, and some saw the arrest of Chinese corporate royalty as part of that back and forth.

It wasn’t helped by Donald Trump’s suggestion that he might make a US extradition request part of trade talks, or columnists offering factually incorrect takes suggesting that the Justice Department acted to enforce new sanctions put in place by the president.

Yet the crimes alleged by federal prosecutors in New York occurred during the presidency of Barack Obama, the investigation began before Trump took office, and the case itself hinges less on arguments about the role of international sanctions and more on old-fashioned fraud.

The real instigator for the investigation has actually been

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