Canada arrests Huawei CFO facing US extradition for allegedly violating Iran sanctions
Canada has arrested Huawei's global chief financial officer in Vancouver, where she is facing extradition to the United States on suspicion she violated U.S. sanctions against Iran.
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 confirmed to Reuters.
Huawei, one of the world's largest makers of telecommunications network equipment, said in a statement:
Recently, our corporate CFO, Ms. Meng Wanzhou, was provisionally detained by the Canadian Authorities on behalf of the United States of America, which seeks the extradition of Ms. Meng Wanzhou to face unspecified charges in the Eastern District of New York, when she was transferring flights in Canada.
The company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng. The company believes the Canadian and US legal systems will ultimately reach a just conclusion.
Huawei complies with all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU.
Officials for the U.S. Justice Department did not immediately respond to a request for comment.
U.S. authorities have been probing Huawei since at least 2016 for allegedly shopping U.S.-origin products to Iran and other countries in violation of U.S. export and sanctions laws, sources told Reuters in April.
—CNBC contributed to this report.
https://www.cnbc.com/2018/12/05/canada-reportedly-arrests-huawei-cfo-facing-us-extradition-for-violating-iran-sanctions.html