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  HOME | Business & Economy (Click here for more)

Huawei’s CFO Arrested in Canada at the Request of the United States

TORONTO, Canada – The chief financial officer of the Chinese electronics giant Huawei, Wanzhou Meng, has been arrested by Canadian authorities to be extradited to the United States for allegedly violating sanctions imposed by Washington against Iran, the government of Canada announced Wednesday.

The Canadian Ministry of Justice said in a statement that Wanzhou Meng, aged 46, was arrested in Vancouver on Dec. 1 and that the details of her case are kept secret by court order.

A hearing will be held on Friday to determine whether the Huawei executive, who is the daughter of the company’s founder, will be released on bail while her extradition to the United States is decided.

The newspaper The Globe and Mail noted that the arrest and extradition of Wanzhou have been requested by US authorities for the alleged violation of economic sanctions imposed by the US against Iran.

The detainee is Huawei’s chief financial officer since 2011 and is vice president of its board of directors.

Huawei, which was founded in 1987, has become the world’s largest manufacturer of telecommunications equipment and is one of the largest mobile phone manufacturers.

US authorities have warned that Huawei poses a threat to national security because of its alleged ties to the Chinese government and its security services.

Washington has been refusing to buy servers produced by Huawei since 2011, and the Pentagon banned the sale of the Chinese manufacturer’s phones on its military bases last May.

Two months ago, US Senators asked the Canadian government to prohibit the use of equipment produced by Huawei in the country’s telecommunications networks for fear that the Chinese government would be able to use such equipment for espionage activities.

 

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