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Huawei crackdown

US said to be in talks over legal deal with Huawei's Meng

Executive could return to China if she admits wrongdoing

Huawei CFO Meng Wanzhou is battling extradition to the U.S. to face bank fraud and other charges related to alleged violations of sanctions against Iran.   © Reuters

NEW YORK -- Lawyers for Huawei Technologies' chief financial officer Meng Wanzhou have spoken to officials from the U.S. Department of Justice about allowing her to return to China if she admits wrongdoing in a criminal case against her, according to the Wall Street Journal.

The two sides are reportedly discussing a "deferred prosecution agreement," which would require Meng to admit to some of the allegations brought against her, but the prosecutors would reportedly agree to possibly defer and drop the charges if Meng co-operated.

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