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profishingrods.com December 16, 2018


Chief financial officer of China's Huawei arrested in Canada

06 December 2018, 04:47 | Joann Bryant

Huawei CFO Wanzhou Meng arrested in Vancouver, faces extradition to U.S.

Huawei CFO Meng Wanzhou arrested in Canada says Canada's Justice Deptartment

Authorities in Canada have arrested Meng Wanzhou, chief financial officer of Chinese tech giant Huawei.

A spokesman for Canada's Justice Department said Wednesday that Meng was arrested in Vancouver on Dec 1. She will have a bail hearing on Friday, he said. At this time, the department spokesperson can't share more details because Meng requested a publication ban.

Meng, the 46-year-old daughter of Huawei founder Ren Zhengfei, has previously been suspected of involvement in Huawei's alleged ties to Iran.

The Canadian Department of Justice said Meng Wanzhou, who also goes by the name Sabrina Meng, was collared by police in Vancouver over the weekend at the request of Uncle Sam, which hopes to haul her into a court in the States.

The Justice Department probe, first reported by the Wall Street Journal in April, follows a series of US actions aimed at stopping or reducing access by Huawei and Chinese smartphone maker ZTE Corp to the USA economy amid allegations the companies could be using their technology to spy on Americans.

Fellow Chinese technology giant ZTE had similarly been removed from the US trading blacklist at the start of past year by the US Department of Commerce's Bureau of Industry and Security following the company's guilty plea to illegally exporting products to Iran.




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

Wanzhou Meng, 46, the chief financial officer of Huawei Technologies, was arrested on December 1 and appeared in B.C. Supreme Court in Vancouver on Wednesday for a bail hearing, which was adjourned until Friday.

Huawei's CFO was arrested in Canada, according to a new report in The Wall Street Journal.

Spark also uses network access equipment from Huawei in cellphone towers - but not in its core mobile network - and Spark spokesman Andrew Pirie said that meant BT's decision had no direct implications for it.

Ms. Meng is a rising star at Shenzhen-based Huawei, now the world's second-largest maker of telecommunications equipment.

The Chinese telecommunications giant is now in partnership with Canadian universities across the country as well as companies such as Telus, with whom it is developing 5G networks in Canada.



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