Huawei To Stand Trial In US On Charges Of Bank Fraud, Sanctions Violations, Theft
Chinese company Huawei Technologies will stand trial on multiple charges after a federal judge denied its bid to dismiss a long-running case against it.
On July 1, District Judge Ann Donnelly of the U.S. District Court for the Eastern District of New York ruled that there was sufficient evidence to proceed with a 16-count indictment against Huawei and its subsidiaries.
Huawei, which is closely tied to the Chinese communist regime, stands accused of racketeering, stealing trade secrets from six U.S. companies, and committing bank fraud.
With Donnelly’s ruling, the case will move forward toward trial. Currently, the proceedings are scheduled to begin on May 4, 2026.
Huawei stands charged with using a Hong Kong-based front company, Skycom, to conduct business in Iran in violation of U.S. sanctions and with misleading banks in order to facilitate more than $100 million in illegal money transfers.
Additionally, the indictment alleges that Huawei engaged in racketeering to expand its global brand.
Representatives of Huawei did not respond to a request for comment from The Epoch Times by publication time.
In November 2024, Huawei pleaded not guilty and called itself “a prosecutorial target in search of a crime.”
The upcoming trial is expected to last several months and could have significant implications for the ongoing tensions between the United States and China over technology, trade, and national security.
https://www.zerohedge.com/geopolitical/huawei-stand-trial-us-charges-bank-fraud-sanctions-violations-theft