Wednesday 5 December 2018

Huawei CFO arrested in Canada for violating US sanction, faces extradition

Meng Wanzhou, who is one of the vice chairman company’s board is also the daughter of company founder Ren Zhengfei 
Huawei
International News: Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States, Canada’s Department of Justice said on Wednesday.
The arrest is related to violations of US sanctions, a person familiar with the matter said. Reuters was unable to determine the precise nature of the violations. Meng Wanzhou, who is one of the vice chairs on the Chinese technology company’s board and the daughter of company founder Ren Zhengfei, was arrested on Dec. 1 and a court hearing has been set for Friday, a Canadian Justice Department spokesman said.
Huawei confirmed the arrest in a statement and said that it has been provided little information of the charges against Meng, adding that it was “not aware of any wrongdoing by Ms. Meng.”|Huawei CFO arrested
China’s embassy in Canada said it resolutely opposed the arrest and called for Meng’s immediate release. The arrest could drive a wedge between China and the United States just days after President Donald Trump and President Xi Jinping held a meeting in Argentina where they agreed to steps to resolve a brewing trade war.

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