WASHINGTON—Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S. investigation of an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to sources familiar with the probe.
The United States has been looking since at least 2016 into whether Huawei Technologies Ltd violated U.S. sanctions against Iran. More recently, the probe has included the company’s use of HSBC Holdings to make illegal transactions involving Iran.
