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Jan 29, 2019
01/19
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CSPAN
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one bank facilitated more than $100 million worth of skycom transactions through the united states in just four years. huawei allegedly lied about other relationships, as well. in 2017 when one bank decided to terminate its global banking relationship with huawei over a concern about risk, the company allegedly told other banks that huawei was distancing itself from the bank. not the other way around. huawei allegedly did this in an attempt to, among other things, manipulate those other banks into expanding and maintaining their banking relationships with huawei. there are additional troubling allegations in the indictment, as well. including that huawei lied to the federal government and attempted to obstruct justice by concealing and destroying evidence, and by moving potential government witnesses back to china. as has been widely reported, in december 2018, canadian authorities arrested huawei's cfo in vancouver. in compliance with our request for her provisional arrest, pursuant to our extradition treaty with canada. the united states is currently seeking her extradition. we are
one bank facilitated more than $100 million worth of skycom transactions through the united states in just four years. huawei allegedly lied about other relationships, as well. in 2017 when one bank decided to terminate its global banking relationship with huawei over a concern about risk, the company allegedly told other banks that huawei was distancing itself from the bank. not the other way around. huawei allegedly did this in an attempt to, among other things, manipulate those other banks...
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Jan 29, 2019
01/19
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KQED
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banks did transactions with skycom, not realizing that huawei had this set up.s huawei of trying to conceal information, lying to the authorities, and fly witnesses back to china so they couldn't be interviewed. .sne: what impact of the charges likely to have onand chinese relations? rajini:re i wil you will quote that stuck out from the news conference. it goes on to talk about the e influeat the chinese government holds over huawei, and that is crucial because this in many ways is the u.s. flexing its muscles over china and using awei in this matter. we have later this week on wednesday delegation of trade officials who are coming over from china to discuss trade with u.s. officials here. that is crucial because there has been a0-date agreement tween the two countries to come to some kind of understanding after a tit-for-tat trade war that has been going on for some time. jane: what has china's reaction to this been so far? jini: so far through about this they have dispul of these allegations against huawei , and most notably as well they meng, who is beingt h
banks did transactions with skycom, not realizing that huawei had this set up.s huawei of trying to conceal information, lying to the authorities, and fly witnesses back to china so they couldn't be interviewed. .sne: what impact of the charges likely to have onand chinese relations? rajini:re i wil you will quote that stuck out from the news conference. it goes on to talk about the e influeat the chinese government holds over huawei, and that is crucial because this in many ways is the u.s....
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Jan 28, 2019
01/19
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BLOOMBERG
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skycom. there's a 13 count indictment in brooklyn and two charges in washington state. emily: and the deadline for the u.s. to send an extradition request to canada is coming up in a couple of days. what do you make of the details here, now that we know the specifics of what the u.s. is moving forward with terms of formal charges? tom: it's a very serious case. it was done by the same group that brought the case against hsbc of you years ago, in which they were accused of laundering money for mexican drug cartels and violating u.s. sanctions. fearede of the most cases brought by the justice department against a company, especially if they have that evidence and what they are alleging here is that huawei essentially hid the fact that they were still doing business , in an affiliate in iran violation of u.s. sanctions. emily: they also say that huawei moves witnesses back to china so they could avoid penalties. talk about the broader context. it has been a busy day for huawei, some not good new
skycom. there's a 13 count indictment in brooklyn and two charges in washington state. emily: and the deadline for the u.s. to send an extradition request to canada is coming up in a couple of days. what do you make of the details here, now that we know the specifics of what the u.s. is moving forward with terms of formal charges? tom: it's a very serious case. it was done by the same group that brought the case against hsbc of you years ago, in which they were accused of laundering money for...
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Jan 28, 2019
01/19
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BLOOMBERG
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soldality, huawei had skycom to itself.aiming it was a separate company and not an affiliate of huawei, which it actually control, huawei allegedly asserted that it was in compliance with american sanctions. the false claims led businesses -- to do business with the company and therefore unknowingly by late over laws. one bank facilitated more than $100 million worth of skycom transactions through the united states in just four years. about allegedly lied other relationships. the company allegedly told other banks that huawei was distancing itself from the bank, not the other way around. huawei allegedly did this in an attempt to manipulate those other banks into expanding and maintaining their banking relationships with huawei. there are additional troubling allegations in the indictment as well, including that huawei lied to the federal government and attempted to obstruct justice by concealing and destroying evidence and by moving potential government witnesses back to china. reported, itidely is in the 2018, canadian au
soldality, huawei had skycom to itself.aiming it was a separate company and not an affiliate of huawei, which it actually control, huawei allegedly asserted that it was in compliance with american sanctions. the false claims led businesses -- to do business with the company and therefore unknowingly by late over laws. one bank facilitated more than $100 million worth of skycom transactions through the united states in just four years. about allegedly lied other relationships. the company...
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Jan 29, 2019
01/19
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BBCNEWS
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company denies any wrongdoing. about its relationship with two subsidiaries, huawei device usa and skycom business with iran — thereby evading us sanctions against tehran. the company's chief financial officer meng wanzhou is wanted in the us in connection with those alleged activities. she was arrested in canada last year and is awaiting an extradition hearing next week. american officials are also alleging the theft of trade secrets from us firm t—mobile in 2012. ben? let's get more. karishma vaswani — our asia business correspondent — joins me from singapore. nice to see you. sally outlining the e§emé huawei, i huawei its huav expect, | its deg huav expect, we; deg no by these expect no disappointed by these charges and is denying that eight and meng wa nzhou charges and is denying that eight and meng wanzhou have broken any us laws. they point to the fact that this was settled in 2012 and the chinese government has also said that this is immoral, unreasonable and many in beijing see this as an and many in beijing see this ass—en not and many in beijing see this as—afi not just and many
company denies any wrongdoing. about its relationship with two subsidiaries, huawei device usa and skycom business with iran — thereby evading us sanctions against tehran. the company's chief financial officer meng wanzhou is wanted in the us in connection with those alleged activities. she was arrested in canada last year and is awaiting an extradition hearing next week. american officials are also alleging the theft of trade secrets from us firm t—mobile in 2012. ben? let's get more....
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Jan 29, 2019
01/19
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LINKTV
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the bank fraud charge is related to huawei subsidiary skycom, which is alleged to have violated u.s.anctions by trying to import u.s. technology to iran. the indictment comes amid ongoing trade negotiations between the u.s. and china, whose tariff truce will expire in march if no deal is made. in northern yemen, the u.n. said monday that the shelling of a camp for displaced people in the north of the country killed 8 civilians saturday, and wounded 30 others. an attack earlier this month in the same area killed six children and two women. u.n. officials are in yemen for ongoing peace talks as the fragile ceasefire in hodeidah agreed to last month by houthi rebels and saudi-backed government forces has been delayed. meanwhile, british aid agencies, including the red cross and oxfam, sounded the alarm on the situation in yemen, calling for the international community to pay more attention to the world's worst humanitarian crisis, and for the swift implementation the ceasefire in the port of hodeidah. this is oxfam's awssan kamal. >> people are struggling to buy their daily rations to b
the bank fraud charge is related to huawei subsidiary skycom, which is alleged to have violated u.s.anctions by trying to import u.s. technology to iran. the indictment comes amid ongoing trade negotiations between the u.s. and china, whose tariff truce will expire in march if no deal is made. in northern yemen, the u.n. said monday that the shelling of a camp for displaced people in the north of the country killed 8 civilians saturday, and wounded 30 others. an attack earlier this month in the...
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Jan 28, 2019
01/19
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FBC
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where huawei facilitated more than $100 million in contracts with iran through its subsidiary called skycomect violation of u.s. sanctions. the company lied to banks and u.s. federal government by actually selling the subsidiary to itself to hide the business dealings in iran. a grand jury in seattle and new york issued these indictments. the 13 related to breaking sanctions with iran, 10 more stemming from a civil suit by t-mobile where huawei allegedly stole part of a t-mobile robot used to test cell phones, as well as taking specs on it. the acting attorney general says the company paid bonuses to employees who were able to steal t-mobile secrets. the commerce secretary says the u.s. will protect american companies from wrongdoing. >> we are once again putting the world on notice that we will do everything in our power to stop those that disregard u.s. law. too many companies pursue profits by whatever means necessary, lying, cheating and stealing are not suitable corporate growth strategies. reporter: the acting attorney general also says huawei has been moving witnesses back to china a
where huawei facilitated more than $100 million in contracts with iran through its subsidiary called skycomect violation of u.s. sanctions. the company lied to banks and u.s. federal government by actually selling the subsidiary to itself to hide the business dealings in iran. a grand jury in seattle and new york issued these indictments. the 13 related to breaking sanctions with iran, 10 more stemming from a civil suit by t-mobile where huawei allegedly stole part of a t-mobile robot used to...
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Jan 29, 2019
01/19
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BBCNEWS
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misled the us and a global bank about its relationship with two subsidiaries, huawei device usa and skycomconduct business with iran — thereby evading american sanctions imposed on the country. the company's chief financial officer meng wanzhou is wanted in the us in connection with those alleged activities. she was arrested in canada last year and is awaiting an extradition hearing next week. huawei denies any wrongdoing by ms meng. american officials are also alleging the theft of trade secrets from us firm t—mobile in 2012. our north america technology correspondent dave lee has been following events from san francisco. for several years, the us has warned that huawei a for several years, the us has warned that huawei - a national risk. now at its security risk. now at increasing its pressure on the firm
misled the us and a global bank about its relationship with two subsidiaries, huawei device usa and skycomconduct business with iran — thereby evading american sanctions imposed on the country. the company's chief financial officer meng wanzhou is wanted in the us in connection with those alleged activities. she was arrested in canada last year and is awaiting an extradition hearing next week. huawei denies any wrongdoing by ms meng. american officials are also alleging the theft of trade...