Huawei's global chief financial officer arrested in Vancouver

Lloyd Doyle
December 6, 2018

She will face a bail hearing on Friday, the spokesman for Canada's Department of Justice said.

The ministry added it could not provide further details due to a publication ban that was sought by Meng.

Meng is the daughter of Huawei's founder and CEO Ren Zhengfei, and also serves as deputy chair on Huawei's board.

We'll update you as this story continues.

USA prosecutors in NY have been investigating whether Huawei violated US sanctions in relation to Iran.

In a statement issued exclusively to the News from Huawei's corporate head office, the company explained how Meng was "provisionally detained by the Canadian authorities on behalf of the United States of America, which seeks the extradition of..."

Meanwhile unconfirmed reports surfaced in April that the USA was investigating Huawei for possibly violating Iran export bans, a scenario that got fellow Chinese firm ZTE into significant trouble earlier this year.

"The company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng", the statement said.

She was arrested because she attempted to evade the trade embargo placed by the U.S. on Iran, The Globe and Mail reported, citing a Canadian source with knowledge of the arrest.

A Huawei spokesman said Wednesday that Ms. Meng was arrested while transferring flights in Canada. "The company believes the Canadian and USA legal system will ultimately reach a just conclusion".

USA officials have been investigated Huawei over alleged violations of the country's sanctions on Iran and are seeking to extradite Meng.

The US imposed harsher sanctions on Iran earlier this year, as the Trump administration looked to restrict worldwide business with the Iranian government.

The US later replaced the ban with a fine and governance changes.

This November, New Zealand's government banned its major telecommunications company Spark from using Huawei's equipment, which is described to "have a serious national security risk".

The Wall Street Journal reported the U.S. government was trying to persuade companies in allied countries to avoid Huawei.

Over the summer, Australia also barred Huawei from providing 5G technology for wireless networks in the country over espionage fears.

Trump has threatened to raise tariffs on Chinese goods in response to complaints that Beijing improperly pressures foreign companies to hand over technology.

Other reports by Iphone Fresh

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