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Huawei CFO Arrest is a ‘Declaration of War’ Says Editor of Global Times
2018 Dec 6, 3:43pm 2,838 views 15 comments
Comments 1 - 10 of 15 Next » Last » Search these comments
1
RWSGFY
@
2018 Dec 6, 3:47pm
RWSGFY
@
2018 Dec 6, 3:47pm
WillPowers says
And? We don't have royalty in US: if Steve Jobs' son breaks the law - Chinese are welcome to lock him up. Provided all the legal procedures are followed, of course.
“This is like China arresting Steve Jobs’ son,” Art Cashin said on CNBC.
And? We don't have royalty in US: if Steve Jobs' son breaks the law - Chinese are welcome to lock him up. Provided all the legal procedures are followed, of course.
2
theoakman
@
2018 Dec 6, 4:27pm
WillPowers says
If China arrested Steve Job's son, nothing would happen. Jobs would probably claim it wasn't his son.
The arrest of a top Chinese technology executive by Canadian authorities acting at the behest of the United States is threatening to upend the Trump administration’s efforts to sustain a trade truce with China.
“This is like China arresting Steve Jobs’ son,” Art Cashin said on CNBC.
Meng is the daughter of the company’s founder, Ren Zhengfei, and has recently become his presumed successor. Ren is a former Chinese military official who founded the company more than 30 years ago. It has become China’s premier global brand and it central to its “Made in China 2025” plan to dominate high-tech manufacturing. The company has been making a push to become the world leader in 5G technology and met with strong resistance from U.S. officials.
https://www.breitbart.com/economy/2018/12/06/huawei-cfo-arrest-is-a-declaration-of-war-says-editor-of-global-times/
If China arrested Steve Job's son, nothing would happen. Jobs would probably claim it wasn't his son.
4
Strategist
@
2018 Dec 6, 5:33pm
Strategist
@
2018 Dec 6, 5:33pm
WillPowers says
Huawei sold American high tech products to Iran that was against the law. Must have made a fat commission check. If Chinese companies want high tech products from us, they shouldn't screw us by selling it to our enemies.
Huawei CFO Arrest is a ‘Declaration of War’ Says Editor of Global Times
Huawei sold American high tech products to Iran that was against the law. Must have made a fat commission check. If Chinese companies want high tech products from us, they shouldn't screw us by selling it to our enemies.
5
RWSGFY
@
2018 Dec 7, 12:57pm
RWSGFY
@
2018 Dec 7, 12:57pm
Huawei was built on stealing IP from US companies. They started with copying Cisco stuff verbatim and went from there. Fuck them.
6
anonymous
2019 Feb 19, 3:25am
How the US took more than a decade to build its case against Huawei.
•The indictment alleged Huawei’s long-running scheme to deceive the US and numerous global banks about its business in Iran
The United States has been investigating Huawei Technologies for possible violations of trade sanctions since at least 2007, when FBI agents questioned its founder in New York about the Chinese telecommunication equipment manufacturer’s business activities in Iran.
The founder, whose name was redacted in the indictment filed on Monday in the US, was identified in the documents as “Individual-1”. He said at the time that Huawei was compliant with US export laws and did not deal directly with any Iranian company, according to the 13-count indictment unsealed in federal court in Brooklyn, New York.
Shenzhen-based Huawei was founded in 1987 by Ren Zhengfei, who built a small vendor of telephone switches into the world’s largest telecoms equipment maker and second-biggest smartphone supplier that is forecast to earn US$125 billion in revenue this year.
“During the interview, amongst other things, Individual-1 falsely stated, in substance and in part, that Huawei did not conduct any activity in violation of US export laws and that Huawei operated in compliance with all US export laws,” the indictment said.
The FBI’s questioning of Huawei’s founder in July 2007 showed that American law enforcement authorities had suspected the company of illegal activities in Iran since at least the administration of US President George W Bush.
That interview also took place at least five years before the US House Intelligence Committee released a report in 2012, alleging that Chinese telecoms equipment makers Huawei and ZTE Corp posed a threat to national security and that their products could be used by the Chinese government to spy and steal data. Huawei has repeatedly denied the allegations made in the congressional report.
Apart from Huawei, the other defendants named in the 25-page indictment include affiliates Huawei Device USA and Skycom Tech Co, as well as Huawei chief financial officer Sabrina Meng Wanzhou, the daughter of company founder Ren.
These defendants face 13 counts of financial fraud, money laundering, conspiracy to defraud the US government, obstruction of justice and violations of the International Emergency Economic Powers Act, which cover trade sanctions, among other charges.
US authorities aim to charge other individuals who have not yet been apprehended and whose names were not made public at this time.
Huawei has denied all the allegations in the indictment.
US indictment against Huawei shows FBI interviewed founder in 2007, reviewed text from Meng Wanzhou’s electronic device
Following the FBI’s interview with the founder, Huawei employees repeatedly misrepresented the company’s relationship with Skycom, a Hong Kong-registered firm, which functioned as the telecoms gear maker’s Iran-based subsidiary, according to the indictment. That direct control was prohibited under the Iranian Transactions and Sanctions Regulations.
It said Huawei tried to conceal that relationship through a series of share transfers involving two undisclosed subsidiaries. That enabled Huawei to claim that Skycom was only a business partner in Iran.
Under the US trade sanctions, no goods, technology or services can be exported to Iran from the US or from a US person without a licence. The US contends that Skycom had hired at least one US citizen, identified as “Employee 1”, who provided telecommunication services to Iran between 2008 and 2014, without obtaining permission.
Huawei charges are US attempt to smear Chinese companies, Beijing says
Since 2010, Huawei also misled various financial institutions and banks in the US by hiding its true relationship with Skycom, according to the indictment. As a result, one of the banks, known as “US Subsidiary 1” (a subsidiary of “Financial Institution 1”) in the indictment, cleared over US$100 million in transactions for Skycom.
In September 2012, a Huawei senior vice-president testified to the US Congress that the company’s business did not violate any sanctions, and a Huawei treasurer days later told a principal of a US bank that the firm and its global affiliates were not in violation of any laws.
But months later, Reuters published a report that said Huawei owned and operated Skycom, which was trying to sell embargoed goods of US origin to Iran, which violated sanctions.
In response to the story, Huawei called Skycom one of its “major local partners” and emphasised again that “Huawei’s business in Iran is in full compliance with all applicable laws and regulations including those of the UN, US and EU”.
“This commitment has been carried out and followed strictly by our company,” Huawei said at the time. “Further, we also require our partners to follow the same commitment and strictly abide by the relevant laws and regulations.”
The criminal indictment against Huawei and individual defendants including Meng, marks the culmination of at least a decade of investigation into the Chinese company. Last year, its cross-town rival ZTE was fined US$1 billion and banned from buying American parts and services for almost three months, for failing to discipline 35 employees involved in the illegal sale of telecoms equipment to Iran and North Korea.
That ban all but crippled the company, laying bare its dependence on US technology for survival. As part of the deal, ZTE now has a US-appointed special compliance coordinator with sweeping authority to monitor and assess compliance with US export control laws by the telecoms gear maker.
Back in 2012, reports at the time about Huawei’s alleged links to Iran came during a period of aggressive international expansion for the company, which included increasing investments in Europe, establishing a new research and development centre in Finland, and setting up local boards of directors and advisory boards in France and the UK, according to corporate milestones on Huawei’s website.
In January 2013, Reuters published a new report that linked Meng, who had been the CFO of Huawei since 2010, to Skycom. Once more, Huawei reaffirmed that it was in “full compliance” with all applicable laws.
Huawei listed Meng as CFO and one of the company’s executive directors in 2011, when it publicly disclosed its leadership. She is out on bail in Vancouver while awaiting the outcome of a hearing to decide whether she will be extradited to the US to face charges.
Months after the Reuters reports were first published in 2012, Meng requested an in-person meeting with an executive from “Financial Institution 1” – one of the victims involved in helping Skycom process millions of dollars in transactions.
In Meng’s meeting with the executive in August 2013, she used a PowerPoint presentation to explain that her participation on the board of Skycom between February 2008 and April 2009, was meant to help Huawei “better understand Skycom’s financial results and business performance, and to strengthen and monitor Skycom’s compliance”.
In early 2014, Meng made a trip to New York via John F Kennedy International Airport, where US authorities reviewed a file containing text from an electronic device belonging to her. The file, which may have been deleted, contained “talking points” about Iran and Skycom, according to the indictment. The airport was under the purview of the Eastern District of New York, which filed the criminal charges.
Around 2017, “Financial Institution 1” terminated its banking relationship with Huawei due to risk concerns, the US found. The financial institution emphasised to Huawei that the termination was its decision alone. Following that setback, Huawei attempted to strengthen its relationships with other banks, stating that it was the one who ended the relationship with “Financial Institution 1” because it was dissatisfied with its service.
Around the same time, the US alleged that Huawei became aware of the US criminal investigation against it, and purportedly moved witnesses with knowledge about its Iran business to mainland China, where they would be beyond the jurisdiction of the US. The company also sought to destroy and conceal evidence of its business.
https://www.scmp.com/tech/gear/article/2184160/how-us-took-more-decade-build-its-case-against-huawei
•The indictment alleged Huawei’s long-running scheme to deceive the US and numerous global banks about its business in Iran
The United States has been investigating Huawei Technologies for possible violations of trade sanctions since at least 2007, when FBI agents questioned its founder in New York about the Chinese telecommunication equipment manufacturer’s business activities in Iran.
The founder, whose name was redacted in the indictment filed on Monday in the US, was identified in the documents as “Individual-1”. He said at the time that Huawei was compliant with US export laws and did not deal directly with any Iranian company, according to the 13-count indictment unsealed in federal court in Brooklyn, New York.
Shenzhen-based Huawei was founded in 1987 by Ren Zhengfei, who built a small vendor of telephone switches into the world’s largest telecoms equipment maker and second-biggest smartphone supplier that is forecast to earn US$125 billion in revenue this year.
“During the interview, amongst other things, Individual-1 falsely stated, in substance and in part, that Huawei did not conduct any activity in violation of US export laws and that Huawei operated in compliance with all US export laws,” the indictment said.
The FBI’s questioning of Huawei’s founder in July 2007 showed that American law enforcement authorities had suspected the company of illegal activities in Iran since at least the administration of US President George W Bush.
That interview also took place at least five years before the US House Intelligence Committee released a report in 2012, alleging that Chinese telecoms equipment makers Huawei and ZTE Corp posed a threat to national security and that their products could be used by the Chinese government to spy and steal data. Huawei has repeatedly denied the allegations made in the congressional report.
Apart from Huawei, the other defendants named in the 25-page indictment include affiliates Huawei Device USA and Skycom Tech Co, as well as Huawei chief financial officer Sabrina Meng Wanzhou, the daughter of company founder Ren.
These defendants face 13 counts of financial fraud, money laundering, conspiracy to defraud the US government, obstruction of justice and violations of the International Emergency Economic Powers Act, which cover trade sanctions, among other charges.
US authorities aim to charge other individuals who have not yet been apprehended and whose names were not made public at this time.
Huawei has denied all the allegations in the indictment.
US indictment against Huawei shows FBI interviewed founder in 2007, reviewed text from Meng Wanzhou’s electronic device
Following the FBI’s interview with the founder, Huawei employees repeatedly misrepresented the company’s relationship with Skycom, a Hong Kong-registered firm, which functioned as the telecoms gear maker’s Iran-based subsidiary, according to the indictment. That direct control was prohibited under the Iranian Transactions and Sanctions Regulations.
It said Huawei tried to conceal that relationship through a series of share transfers involving two undisclosed subsidiaries. That enabled Huawei to claim that Skycom was only a business partner in Iran.
Under the US trade sanctions, no goods, technology or services can be exported to Iran from the US or from a US person without a licence. The US contends that Skycom had hired at least one US citizen, identified as “Employee 1”, who provided telecommunication services to Iran between 2008 and 2014, without obtaining permission.
Huawei charges are US attempt to smear Chinese companies, Beijing says
Since 2010, Huawei also misled various financial institutions and banks in the US by hiding its true relationship with Skycom, according to the indictment. As a result, one of the banks, known as “US Subsidiary 1” (a subsidiary of “Financial Institution 1”) in the indictment, cleared over US$100 million in transactions for Skycom.
In September 2012, a Huawei senior vice-president testified to the US Congress that the company’s business did not violate any sanctions, and a Huawei treasurer days later told a principal of a US bank that the firm and its global affiliates were not in violation of any laws.
But months later, Reuters published a report that said Huawei owned and operated Skycom, which was trying to sell embargoed goods of US origin to Iran, which violated sanctions.
In response to the story, Huawei called Skycom one of its “major local partners” and emphasised again that “Huawei’s business in Iran is in full compliance with all applicable laws and regulations including those of the UN, US and EU”.
“This commitment has been carried out and followed strictly by our company,” Huawei said at the time. “Further, we also require our partners to follow the same commitment and strictly abide by the relevant laws and regulations.”
The criminal indictment against Huawei and individual defendants including Meng, marks the culmination of at least a decade of investigation into the Chinese company. Last year, its cross-town rival ZTE was fined US$1 billion and banned from buying American parts and services for almost three months, for failing to discipline 35 employees involved in the illegal sale of telecoms equipment to Iran and North Korea.
That ban all but crippled the company, laying bare its dependence on US technology for survival. As part of the deal, ZTE now has a US-appointed special compliance coordinator with sweeping authority to monitor and assess compliance with US export control laws by the telecoms gear maker.
Back in 2012, reports at the time about Huawei’s alleged links to Iran came during a period of aggressive international expansion for the company, which included increasing investments in Europe, establishing a new research and development centre in Finland, and setting up local boards of directors and advisory boards in France and the UK, according to corporate milestones on Huawei’s website.
In January 2013, Reuters published a new report that linked Meng, who had been the CFO of Huawei since 2010, to Skycom. Once more, Huawei reaffirmed that it was in “full compliance” with all applicable laws.
Huawei listed Meng as CFO and one of the company’s executive directors in 2011, when it publicly disclosed its leadership. She is out on bail in Vancouver while awaiting the outcome of a hearing to decide whether she will be extradited to the US to face charges.
Months after the Reuters reports were first published in 2012, Meng requested an in-person meeting with an executive from “Financial Institution 1” – one of the victims involved in helping Skycom process millions of dollars in transactions.
In Meng’s meeting with the executive in August 2013, she used a PowerPoint presentation to explain that her participation on the board of Skycom between February 2008 and April 2009, was meant to help Huawei “better understand Skycom’s financial results and business performance, and to strengthen and monitor Skycom’s compliance”.
In early 2014, Meng made a trip to New York via John F Kennedy International Airport, where US authorities reviewed a file containing text from an electronic device belonging to her. The file, which may have been deleted, contained “talking points” about Iran and Skycom, according to the indictment. The airport was under the purview of the Eastern District of New York, which filed the criminal charges.
Around 2017, “Financial Institution 1” terminated its banking relationship with Huawei due to risk concerns, the US found. The financial institution emphasised to Huawei that the termination was its decision alone. Following that setback, Huawei attempted to strengthen its relationships with other banks, stating that it was the one who ended the relationship with “Financial Institution 1” because it was dissatisfied with its service.
Around the same time, the US alleged that Huawei became aware of the US criminal investigation against it, and purportedly moved witnesses with knowledge about its Iran business to mainland China, where they would be beyond the jurisdiction of the US. The company also sought to destroy and conceal evidence of its business.
https://www.scmp.com/tech/gear/article/2184160/how-us-took-more-decade-build-its-case-against-huawei
7
Goran_K
@
2019 Feb 19, 7:07am
Goran_K
@
2019 Feb 19, 7:07am
Huawei is pretty much a spy arm of the Chinese government. She should do 25 years in Gitmo.
8
anonymous
2019 Feb 19, 7:22am
"Huawei is pretty much a spy arm of the Chinese government. She should do 25 years in Gitmo".
We have Google and the other big tech companies spying on Americans - what's the big deal other than they are way ahead of us in technology and we can't catch up.
Zuckfuck headed down to Gitmo soon now is he ? What about team Google ? Can we send some NSA members too ?
Bad bad bad Huawei - worse than Orange Man Bad. Penalize someone because they can do something better than we can, lets cover up our own ineptitude by going after another boogey man.
Speaking of Gitmo - when is the gang that invaded Iraq under false pretense going to take a multi-year visit to Gitmo ? Matter of fact there are several members of that club currently advising Potus as I type this.
We have Google and the other big tech companies spying on Americans - what's the big deal other than they are way ahead of us in technology and we can't catch up.
Zuckfuck headed down to Gitmo soon now is he ? What about team Google ? Can we send some NSA members too ?
Bad bad bad Huawei - worse than Orange Man Bad. Penalize someone because they can do something better than we can, lets cover up our own ineptitude by going after another boogey man.
Speaking of Gitmo - when is the gang that invaded Iraq under false pretense going to take a multi-year visit to Gitmo ? Matter of fact there are several members of that club currently advising Potus as I type this.
10
anonymous
2019 Feb 21, 8:37am
Trump hints at a softer stance (he is gonna cave - again) on Huawei in a bizarre '6G' tweet, as China trade talks resume
•The series of tweets rang as odd because 6G technology doesn't exist.
•The tweets come as the Trump administration resumes crucial trade talks with Chinese negotiators ahead of a March 1 deadline to reach a deal.
•Trump has reportedly been preparing an executive order to ban Huawei and ZTE from operating in the U.S.
President Donald Trump sent a pair of bizarre tweets Thursday morning mentioning a "6G" wireless network and seemingly hinting that he could take a softer stance on Chinese telecom company Huawei.
The tweets rang as odd because 6G technology doesn't exist. U.S. telecom companies are barely on the cusp of 5G wireless networks, and they're facing stiff competition to build it before Chinese companies.
Donald J. Trump
✔ @realDonaldTrump
I want 5G, and even 6G, technology in the United States as soon as possible. It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind. There is no reason that we should be lagging behind on.........
56.8K
8:55 AM - Feb 21, 2019
Donald J. Trump
✔ @realDonaldTrump
....something that is so obviously the future. I want the United States to win through competition, not by blocking out currently more advanced technologies. We must always be the leader in everything we do, especially when it comes to the very exciting world of technology!
50.1K
8:59 AM - Feb 21, 2019
Trump doesn't name China or Huawei, but that's likely what he's referencing. Chinese companies are at the forefront of 5G technology, and the Trump administration resumed trade talks with Chinese negotiators Thursday.
Both nations face a March 1 deadline to reach a deal, although Trump has indicated he could back off of it.
Meanwhile, Trump has reportedly been preparing an executive order to ban Huawei and ZTE from operating in the U.S., which would grant U.S. companies a little more cushion to build their own 5G networks. Now it seems Trump could be reconsidering a ban on Chinese telecoms.
It's unclear whether a potential ban on Huawei and ZTE would factor into negotiations, but such an executive order would likely invite some bad blood between the world's two largest economies.
The U.S. and other countries have long feared Huawei's equipment could be used for spying.
TPG Telecom dropped plans to use Huawei equipment in Australia, which banned the use of Huawei's equipment. New Zealand and Japan have similar bans in place. The UK hasn't made a decision either way, but The Royal United Services Institute warned earlier this month that allowing Huawei equipment could be "naive" and "irresponsible."
Germany has considered similar measures, but said earlier this month it isn't ready to ban Huawei and that it will allow all 5G equipment vendors in the country.
U.S. carriers including AT&T and Verizon are still activating fledgling 5G networks in select cities, and T-Mobile and Sprint plan to launch theirs later this year. Most experts think it will take until at least 2020 for 5G to become widespread.
Samsung just announced the first phone that will run on the faster network, but it won't launch until the second quarter of this year.
https://www.cnbc.com/2019/02/21/trump-sends-bizarre-6g-tweet-as-china-trade-talks-resume.html?forYou=true
Maybe one of you coder tech types can send a tweet to Potus explaining what 5G is lest he think it is something new on the McDonald's menu.
•The series of tweets rang as odd because 6G technology doesn't exist.
•The tweets come as the Trump administration resumes crucial trade talks with Chinese negotiators ahead of a March 1 deadline to reach a deal.
•Trump has reportedly been preparing an executive order to ban Huawei and ZTE from operating in the U.S.
President Donald Trump sent a pair of bizarre tweets Thursday morning mentioning a "6G" wireless network and seemingly hinting that he could take a softer stance on Chinese telecom company Huawei.
The tweets rang as odd because 6G technology doesn't exist. U.S. telecom companies are barely on the cusp of 5G wireless networks, and they're facing stiff competition to build it before Chinese companies.
Donald J. Trump
✔ @realDonaldTrump
I want 5G, and even 6G, technology in the United States as soon as possible. It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind. There is no reason that we should be lagging behind on.........
56.8K
8:55 AM - Feb 21, 2019
Donald J. Trump
✔ @realDonaldTrump
....something that is so obviously the future. I want the United States to win through competition, not by blocking out currently more advanced technologies. We must always be the leader in everything we do, especially when it comes to the very exciting world of technology!
50.1K
8:59 AM - Feb 21, 2019
Trump doesn't name China or Huawei, but that's likely what he's referencing. Chinese companies are at the forefront of 5G technology, and the Trump administration resumed trade talks with Chinese negotiators Thursday.
Both nations face a March 1 deadline to reach a deal, although Trump has indicated he could back off of it.
Meanwhile, Trump has reportedly been preparing an executive order to ban Huawei and ZTE from operating in the U.S., which would grant U.S. companies a little more cushion to build their own 5G networks. Now it seems Trump could be reconsidering a ban on Chinese telecoms.
It's unclear whether a potential ban on Huawei and ZTE would factor into negotiations, but such an executive order would likely invite some bad blood between the world's two largest economies.
The U.S. and other countries have long feared Huawei's equipment could be used for spying.
TPG Telecom dropped plans to use Huawei equipment in Australia, which banned the use of Huawei's equipment. New Zealand and Japan have similar bans in place. The UK hasn't made a decision either way, but The Royal United Services Institute warned earlier this month that allowing Huawei equipment could be "naive" and "irresponsible."
Germany has considered similar measures, but said earlier this month it isn't ready to ban Huawei and that it will allow all 5G equipment vendors in the country.
U.S. carriers including AT&T and Verizon are still activating fledgling 5G networks in select cities, and T-Mobile and Sprint plan to launch theirs later this year. Most experts think it will take until at least 2020 for 5G to become widespread.
Samsung just announced the first phone that will run on the faster network, but it won't launch until the second quarter of this year.
https://www.cnbc.com/2019/02/21/trump-sends-bizarre-6g-tweet-as-china-trade-talks-resume.html?forYou=true
Maybe one of you coder tech types can send a tweet to Potus explaining what 5G is lest he think it is something new on the McDonald's menu.
Comments 1 - 10 of 15 Next » Last » Search these comments
“This is like China arresting Steve Jobs' son,” Art Cashin said on CNBC.
Meng is the daughter of the company's founder, Ren Zhengfei, and has recently become his presumed successor. Ren is a former Chinese military official who founded the company more than 30 years ago. It has become China's premier global brand and it central to its “Made in China 2025” plan to dominate high-tech manufacturing. The company has been making a push to become the world leader in 5G technology and met with strong resistance from U.S. officials.
https://www.breitbart.com/economy/2018/12/06/huawei-cfo-arrest-is-a-declaration-of-war-says-editor-of-global-times/