Canada reportedly arrests Huawei’s CFO, plans to extradite her to the US

meng wanzhou

The chief monetary officer of Chinese language tech and telecoms large Huawei has been arrested in Canada on the request of US authorities, in response to a number of studies, and he or she faces extradition to the US.

Each The International And Mail and South China Morning Put up report that Wanzhou Meng has reportedly been arrested by Chinese language authorities on suspicion of violating the US's commerce sanctions on Iran.

Huawei is considered one of China's most distinguished know-how firm — an enormous telecoms agency, and the world's second-biggest smartphone producer. Its gadgets have come beneath scrutiny from US authorities over spying fears, and the arest of its CFO has the potential to additional enflame tensions between the 2 nations amid a mounting commerce warfare.

US authorities have been probing Huawei since no less than 2016 for allegedly delivery US-origin merchandise to Iran and different nations in violation of US export and sanctions legal guidelines, sources advised Reuters in April.

A Huawei spokesperson didn't instantly reply to Enterprise Insider's request for remark.

In an announcement, Canadian Justice Division Ian McLeod advised The Globe and Mail: "Wanzhou Meng was arrested in Vancouver on December 1. She is searched for extradition by the US, and a bail listening to has been set for Friday."

In response to Meng's official firm biography, she joined the corporate in 1993 and likewise serves as deputy chairwoman of the board. She can be the daughter of the corporate's founder, Ren Zhengfei.

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