“I am a Chinese and not a terrorist,”: Huawei CEO to Delhi court

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“I am a Chinese (national) and not a terrorist,” Li Xiongwei, CEO of Chinese telecom company Huawei Telecommunications (India), reportedly told a Delhi court on Friday.

According to the Economic Times, Xiongwei’s lawyer Vijay Aggarwal stated this in response to the Income Tax (I-T) Department’s opposition to his bail request. The I-T department previously informed the Delhi High Court that a look out circular (LOC) was issued against Xiongwei due to his conduct, which suggested he might leave India soon. However, the Huawei CEO petitioned the court to have the LOC revoked. According to the publication, the I-T Department stated that India does not have an extradition treaty with China and that bringing Xiongwei back would be “very difficult.” It is a source of concern because the investigation is still ongoing, according to an affidavit.

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“I am a Chinese and not a terrorist,”: Huawei CEO to Delhi court

“I am a Chinese (national) and not a terrorist,” Li Xiongwei, CEO of Chinese telecom company Huawei Telecommunications (India), reportedly told a Delhi court on Friday.

According to the Economic Times, Xiongwei’s lawyer Vijay Aggarwal stated this in response to the Income Tax (I-T) Department’s opposition to his bail request. The I-T department previously informed the Delhi High Court that a look out circular (LOC) was issued against Xiongwei due to his conduct, which suggested he might leave India soon. However, the Huawei CEO petitioned the court to have the LOC revoked. According to the publication, the I-T Department stated that India does not have an extradition treaty with China and that bringing Xiongwei back would be “very difficult.” It is a source of concern because the investigation is still ongoing, according to an affidavit.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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