{
}
An Italian assistant to MEP Fulvio Martusciello faces extradition to Belgium over Huawei-linked corruption charges, including money laundering and criminal association. Luciana Simeone is accused of distributing funds for MEPs to sign letters supporting 5G deployment, avoiding direct mention of Huawei. The investigation implicates several MEPs and intermediaries in a cash-for-influence scheme, with payments allegedly funneled through fake invoices.
Belgian authorities have accused Huawei executives of approving bribes to EU lawmakers in 2021, involving €15,000 to an MEP and €1,500 to co-signers of a letter supporting Huawei. Four individuals have been arrested for corruption, while a fifth faces money laundering charges. The case raises concerns about EU corruption and Huawei's influence, as some member states restrict its equipment in critical infrastructure.
A corruption investigation has revealed that Huawei's lobbyists allegedly funneled tens of thousands of euros to members of the European Parliament in exchange for political support. Key suspect Valerio Ottati is accused of orchestrating the scheme, which involved bribing up to 15 MEPs to sign a letter against excluding Huawei from 5G networks. Following police raids, Huawei representatives are now barred from the European Parliament, and its membership in the industry group Digital Europe has been suspended.
The European Parliament is embroiled in a corruption scandal involving Huawei, with allegations of bribery linked to political positions and lavish gifts. Belgian prosecutors are investigating incidents from 2021 to the present, leading to police raids and the sealing of offices associated with implicated parliamentary assistants. Huawei has stated it takes the allegations seriously and is committed to cooperating with the investigation.
Fulvio Martusciello
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
huawei scandal implicates meps in alleged cash for influence scheme
Euro
ITA
BEL
POL
BGR
Adam Mouchtar
Giuseppe Ferrandino
Cristian Bușoi
Valdis Dombrovskis
Herbert Dorfmann
Daniel Buda
Tudor Ciuhodaru
Margrethe Vestager
Fulvio Martusciello
Aldo Patriciello
Luciana Simeone
Thierry Breton
Valerio Ottati
Giuseppe Milazzo
Valentin Tonchev
Show more
06:31 01.04.2025
Huawei executives accused of bribing EU lawmakers amid corruption investigation
01:00 29.03.2025
huawei bribery scheme exposed in european parliament investigation
18:00 24.03.2025
Huawei bribery scandal triggers renewed anti-corruption efforts in European Parliament
Euro
Huawei Technologies CO. Ltd.
PRT
BEL
CHN
Antoaneta Roussi
Elisa Braun
Sarah Wheaton
Bart Groothuis
Nicholas Aiossa
Fulvio Martusciello
Max Griera
Clea Caulcutt
Nikola Minchev
Mathieu Pollet
Laurens Cerulus
Hanne Cokelaere
Marco Falcone
Adam Mouchtar
Aitor Hernandez-morales
Eva Kaili
Victor Negrescu
Show more
04:00 17.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Global Financial Events
Banking Regulations
Workplace Trends
Retail and Consumer Goods
CEO Changes
Domestic Politics
Market Analysis and Predictions
Government Policies
Global Trade Developments
Central Bank Actions
Startups & Entrepreneurship
Elections & Campaigns
Hedge Funds & Private Equity
Supply Chain Management
Financial Scams and Security
Countries:
Companies:
Tesla, Inc.
JPMorgan Chase & Co.
Barclays PLC
Deutsche Bank Money Market PP
UniCredit S.p.A.
Banco BPM S.p.A.
Credit Suisse Lux Digital Healt
Bank of America Corporation
Apple Inc.
BNP Paribas SA
UBS Group AG
The Goldman Sachs Group, Inc.
Banco Santander, S.A.
Commerzbank AG
CREDIT AGRICOLE
Credit Suisse Strategic Income I
SpaceXCoin USD
Lloyds Banking Group plc
Wells Fargo & Company
Amazon.com, Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Danish Krone
Hong Kong Dollar
Australian Dollar
Offshore Chinese Yuan
Canadian Dollar
Mexican Peso
Singapore Dollar
Norwegian Krone
Filipino Peso
Indonesian Rupiah
Russian Ruble
Chilean Peso
People: