U.S. in Talks With Huawei Finance Chief Meng Wanzhou About Resolving Criminal Charges

The U.S. Justice Office is discussing a offer with Huawei Systems Co. finance main Meng Wanzhou that would let her to return dwelling to China from Canada, in exchange for admitting wrongdoing in a criminal case that has strained Beijing’s relations with the U.S. and Canada, persons familiar with the issue explained.

Lawyers for Ms. Meng, who faces wire and financial institution fraud prices relevant to alleged violations of U.S. sanctions on Iran on Huawei’s behalf, have spoken to Justice Office officers in current weeks about the risk of reaching a “deferred prosecution agreement,” the persons explained.

Below this kind of an agreement, which prosecutors typically use with firms but seldom grant to persons, Ms. Meng would be essential to admit to some of the allegations from her but prosecutors would concur to possibly defer and later on fall the prices if she cooperated, the persons explained.

Ms. Meng has so far resisted the proposed offer, believing she did nothing incorrect, some of the persons explained. She declined to remark as a result of a Huawei spokesman. A Justice Office spokesman declined to remark. A spokeswoman for Canada’s overseas minister also declined to remark.

Arrested two several years back while transferring planes in Vancouver, Ms. Meng has been confined to the city, in which she has a dwelling. She has because fought extradition to the U.S.—a procedure allowing a number of appeals that can consider several years to resolve—and her predicament has personified for several in China attempts by Washington to stymie the country’s world-wide ascent.