The U.S. government is in talks with Huawei’s chief finance officer, Meng Wanzhou, that could see her released back to China if she admits wrongdoing in a case against her, according to CNBC. Meng was arrested in Vancouver, Canada, in December 2018 and the U.S. charged her with bank and wire fraud in violation of American sanctions on Iran.

  • Under the agreement being discussed, the U.S. would defer or drop charges against Meng if she admits the allegations against her.
  • More discussions are scheduled this week to enter a deal before the end of the Trump administration.
  • Currently on house bail in Canada, Meng has resisted the proposed deal believing she has done nothing wrong.
  • U.S. has placed several sanctions against Huawei and worked to persuade other countries to block the company from their next-generation 5G mobile networks.

Meng is the daughter of Huawei founder Ren Zhengfei and her arrest ramps up U.S.-China tensions since the U.S. believes the Chinese electronic giant represents a national security threat.