U.S. Unseals Two Indictments Against Huawei Corporate Entities – One for Money Laundering, Obstruction of Justice, and Sanctions Violations; Another for Theft of Trade Secrets, Wire Fraud

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Friday, February 1, 2019
Author: 
Bruce Zagaris
Volume: 
35
Issue: 
2
Abstract: 

On January 28, 2019, the U.S. Department of Justice partly unsealed two indictments against Huawei corporate entities and the Huawei Chief Financial Officer Wanzhou Meng. In the U.S. Court Eastern District of New York, a 13-count indictment was unsealed, charging four defendants, including Huawei Technologies Co. Ltd. (Huawei), and two Huawei affiliates – Huawei Device USA Inc. (Huawei USA) and Skycom Tech Co. Ltd. (Skycom) as well as Meng. The indictment occurs in the context of a proactive campaign by the United States government to curb China’s large telecom equipment maker and seller of smart phones.   U.S. government officials are concerned that Huawei is trying to further China’s global goals and that such goals undermine U.S. interests to control high-tech superiority.