Chinese tech executive Meng Wanzhou will not be extradited to the United States, a B.C.

court decided today after Meng reached a deferred prosecution agreement with the U.S.

court today to multiple fraud charges.

David Kessler, an attorney with the United States Attorney's Office for the Eastern District of New York, told the court the deferred prosecution agreement (DPA) will last four years — from the time of her arrest on Dec. 1, 2018, to Dec. 1, 2022.

court appearance said that Meng told a global financial institution that a company operating in Iran in violation of U.S.

"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 U.S.

Supreme Court Associate Chief Justice Heather Holmes officially ended the Canadian proceedings, signing an order to discharge the U.S.

"You have been cooperative and courteous throughout the proceedings and the court appreciates and thanks you for that," Holmes said.

"I also appreciate the court for their professionalism and the Canadian government for upholding the rule of law," Meng said.

"I'm also grateful to the Canadian people and media friends for your tolerance.

"Meng Wanzhou was afforded a fair process before the courts in accordance with Canadian law.

prosecutors also credited the Canadian justice system for its commitment to the legal process.

"We are enormously grateful to Canada's Department of Justice for its dedicated work on this extradition and for its steadfast adherence to the rule of law," said Acting Assistant Attorney General Mark J.

"You would get the plea by Meng Wanzhou and then at some later date we would see the two Michaels deported back to Canada, but I would not expect it to follow in a matter of days," he told CBC's The Early Edition.