Canada arrests CFO of China’s Huawei Technologies

China Furious At Huawei Executive's Arrest In Canada

Canada has arrested Huawei's global chief financial officer in Vancouver, where she is facing extradition to the United States on suspicion she violated USA sanctions against Iran, the Globe and Mail newspaper reported on Wednesday.

The Wall Street Journal notes that US authorities want to bring Meng to federal court in the Eastern District of NY.

McLeod says as there is a publication ban in effect and he could not provide any further details. "The ban was sought by Ms Meng".

The Wall Street Journal reported earlier this year that U.S. authorities are investigating whether Huawei violated sanctions on Iran.

The daughter of Huawei's founder, and the firm's current deputy chair, has been arrested in Canada.

Officials for the Canadian and US Justice Departments did not immediately respond to a request for comment.

Reuters reported in 2013 that Ms. Meng served on the board of a Hong Kong-based Skycom Tech Co.

The case has echoes of the much-publicised probe into ZTE, China's second-biggest telecoms manufacturer, which was subjected to its own sanctions after the US government determined that it had first attempted to trade illegally with Iran and North Korea, and then subsequently failed to follow through on remedies imposed by the US Department of Commerce. "The company believes the Canadian and US legal system will ultimately reach a just conclusion".

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The statement, which said it was to be attributed to Huawei headquarters, added that Huawei complies with all applicable laws and regulations where it operates, including applicable export and sanction laws and regulations of the United Nations, USA and European Union.

Earlier this year, it barred USA companies from exporting to Chinese telecommunications firm ZTE over violations of the Iranian sanctions, effectively shutting down the firm.

In a brief announcement released today, Canada's Department of Justice has announced that it has arrested the Chief Financial Officer of Huawei, Meng Wanzhou.

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

Huawei, the world's biggest network equipment maker ahead of Ericsson and Nokia, has said Beijing has no influence over its operations.

The decision was because of the technology, not because it was a Chinese company, said Andrew Little, Minister Responsible for the GCSB.

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

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