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Huawei CEO says banks knew about the company's allegedly criminal acts



Huawei CEO Ren Zhengfei says banks at the center of the US case against his company were fully aware of the nature and activities of the company.

In an exclusive interview with CNBC's Deirdre Bosa on Wednesday, Ren said the banks "have full knowledge of all these business activities", referring to the allegations of bank and wire fraud against Huawei and Ren's daughter Meng Wanzhou, who is also the CFO.

This is the first time Ren has spoken publicly about the specific details of the case against Meng and Huawei.

Huawei and Meng are accused of bank and wire fraud and conspiracy to commit bank and wire fraud in connection with US sanctions against Iran. Meng was arrested in Canada in December and is still there in the fight against extradition to the United States

The US government argues that Meng lied to HSBC and other banks about Huaiwe's relationship with an unofficial subsidiary in Iran called Skycom for banking. 1

9659002] Huawei and Meng strongly deny misdemeanor. Ren added that one of the banks even met with Meng.

"My daughter was in a cafe and said something to the bank's officials," he said. "We need to talk to the person who had the coffee with Meng."

Make the facts public

Ren said that if facts were published and used in court, "the case will be very clear." [19659002] The case has escalated the tensions between Canada and China, but Ren said he is still focusing on running the business.

"I don't even have time to attend my daughter," he said. "How would I have time to worry about other things at country level?"

In May, China accused two Spanish Canadians and has detained several other Canadian citizens since Meng's arrest in December.


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