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Related Country:
- Canada
- China
- Hong Kong
- Sudan
- Syria
New court documents released in Vancouver reveal that Huawei Technologies Co. had business in Iran which it discussed with several prominent Western banks. U.S. authorities have tied Huawei to the Hong Kong-based firm Skycom Tech, which had business in Iran and according to the United States was under Huawei’s control for longer than Huawei disclosed to its banks. The Canadian filings reveal that Huawei operated the Mauritius-registered company Canicula Holdings Ltd., which bought Skycom from Huawei in 2007, as “an unofficial subsidiary in Syria” and lent Canicula $15.3 million to buy Skycom beginning in 2009. The documents describe a Huawei business operation in Sudan codenamed “A5” and business in Syria codenamed “A7.” The United States indicted Huawei and its financial chief Meng Wanzhou in January on charges of bank fraud and sanctions violations. The U.S. indictment references four unnamed financial institutions, possibly including HSBC and Standard Chartered PLC, who were misled by Huawei on the extent of its business in Iran. The new court documents reveal that Huawei also discussed its Iranian business with Citigroup and BNP Paribas, telling Citigroup in 2017 that it was in compliance with U.S. sanctions. Meng was arrested in Canada in December and is currently fighting extradition to the United States. Huawei and Meng have denied all charges and declined to comment on the Canadian findings.
