US accuses Huawei of stealing trade secrets & dodging Iran sanctions

The US Department of Justice has unsealed two indictments charging the Chinese know-how big Huawei of fraud and conspiracy to steal T-Mobile’s robotic know-how and dodge the US sanctions to do enterprise in Iran.

A 10-count indictment filed in Washington State claims Huawei conspired to steal T-Mobile’s mental property between 2012 and 2014, particularly the smartphone-testing robotic named ‘Tappy,’ and providing bonuses to staff who succeeded in stealing company secrets from the US.

A second, 13-count indictment filed in New York expenses Huawei’s US subsidiaries for alleged involvement in a conspiracy to dodge US sanctions in opposition to Iran, obstruction of justice, wire fraud and financial institution fraud – and singles out Huawei’s Chief Financial Officer Wanzhou Meng, who was arrested final month in Canada.

Acting Attorney General Matthew Whitaker, FBI Director Christopher Wray and Homeland Security Secretary Kirstjen Nielsen introduced the fees on Monday afternoon in Washington.

Criminal offenses at Huawei went “all the way to the top of the company,” Whitaker claimed, accusing the corporate of obstructing the investigations by destroying proof and ordering potential witnesses to maneuver again to China.

“The expenses unsealed as we speak clearly allege that Huawei deliberately conspired to steal the mental property of an American firm in an try and undermine the free and honest international market,” mentioned Wray.

Nielsen accused Huawei of wilfully conducting “millions of dollars in transactions that were in direct violation” of US rules in opposition to trade with Iran, noting that “such behavior will not be tolerated.”

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