However, as part of the deal, Meng confirmed that the statement of facts in the deferred prosecution agreement are true. Those facts include that she misrepresented Huawei's relationship with Skycom to HSBC, according to court documents. If she says or implies otherwise, it could violate the terms of the deal and result in her prosecution.

"In entering into the deferred prosecution agreement, Meng has taken responsibility for her principal role in perpetrating a scheme to defraud a global financial institution," Acting US Attorney Boeckmann said in a statement Friday.

The statement of facts Meng admits to could contribute to the United States' ongoing case against Huawei. (Huawei declined to comment for this story