Canada arrests Huawei global CFO in Vancouver

Canada arrests Huawei global CFO in Vancouver

Canadian authorities have arrested the chief financial officer of China's Huawei Technologies, who is facing extradition to the United States.

A Huawei spokesman said Wednesday that Ms. Meng was arrested while transferring flights in Canada.

He said Meng faces extradition to the USA, and that a bail hearing has been set for Friday.

McLeod said a publication ban had been imposed in the case and he could not provide further details.

The Globe and Mail reported Wednesday that USA authorities allege Meng attempted to evade the US trade embargo with Iran, though StarMetro has not independently verified this claim.

Sources previously told Reuters that USA authorities had been investigating Huawei for allegedly shipping products to Iran in breach of United States sanctions.

The investigation into Huawei is similar to that which led to the near-downfall of its domestic competitor, Chinese smartphone maker ZTE.

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

Meng who also uses the first names Cathy and Sabrina, was a board member of a Huawei-linked company in Hong Kong, Skycom Tech.

The U.S. Justice Department could not immediately be reached for comment. "The ban was sought by Ms. Meng", McLeod said.

A statement released from the company said that Meng was being detained by Canadian authorities to face "unspecified charges" in the Eastern District of NY. "The company believes the Canadian and US legal system will ultimately reach a just conclusion".

Huawei's CFO was arrested in Canada, according to a new report in The Wall Street Journal. It is not clear if Meng's arrest is connected to the United States probe into Huawei.

New Zealand and Australia have stopped telecom operators using Huawei's equipment in new 5G networks because they are concerned about possible Chinese government involvement in their communications infrastructure.

The report said existing Huawei equipment at the firm's current 3G and 4G networks would also be removed.

The U.S. government has been concerned about Huawei for years because of uncertainty over its relationship with the Chinese government.

In May, the Pentagon banned the sale of Huawei phones on military bases.

Huawei itself has been increasingly on the rocks with the U.S. for the past year.

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