Canada Arrest Huawei’s CFO At Request Of Washington Over Violating Iran Sanctions


Canada Arrest Huawei’s CFO At Request Of Washington Over Violating Iran Sanctions

Canadian authorities arrested Huawei’s global chief financial officer in Vancouver, who is now facing potential extradition to the United States on suspicion she violated sanctions against Iran on Wednesday, according to The Globe and Mail.

Meng Wanzhou,who is not only the CFO for the Chinese technology company but also the daughter of its founder Ren Zhengfei, was arrested on Dec. 1 and a court hearing is scheduled on Friday, according to a Canadian Justice Department spokesman.

“Wanzhou Meng was arrested in Vancouver on December 1. She is sought for extradition by the United States, and a bail hearing has been set for Friday,” Justice Department spokesperson Ian McLeod said in a statement to The Globe and Mail.

“As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms. Meng.”

Representatives of Huawei, one of the world’s largest makers of telecommunications network equipment, could not immediately be reached for comment by Reuters.

The U.S. Justice Department did not respond to a request for comment.

U.S. authorities have been probing Huawei for at least two years for allegedly shopping U.S.-origin products to Iran and other countries in violation of U.S. export and sanction laws, even though the company claimed it complies with “all applicable laws and regulations where it operates, including the applicable export control and sanction laws and regulations of the UN, US and EU.”

The Wall Street Journal first reported the existence of the probe in April 2018 but follows a number of actions from Washington at stopping or reducing access by Huawei and Chinese smartphone manufacturer ZTE Corp’s access to the U.S. economy.

Both companies have been accused of using their technology to help spy on Americans.

The probe against Huawei is reportedly being run out of the U.S. attorney’s office in Brooklyn, but a spokesman declined to confirm or deny the existence of the investigation to The WSJ.

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