Huawei CFO arrested in Canada, awaits US extradition – TechCrunch


Meng Wanzhou, the chief monetary officer of Huawei, the world’s largest telecom gear producer and second-largest smartphone maker, has been arrested in Vancouver, Canada on suspicion she violated U.S. commerce sanctions in opposition to Iran, as first reported by The Globe and Mail.

We’ve reached out to Huawei to verify the information.

Per The Globe and Mail, Meng, the corporate’s deputy chairwoman, was arrested on Dec. 1; a bail listening to has already been set for Friday. Meng is the daughter of Huawei founder Ren Zhengfei . She joined Huawei in 1993.

Tensions between U.S. authorities and Huawei have been excessive since 2016 and have taken a flip for the more serious because the U.S.-China commerce battle has heated up. In August, President Donald Trump signed a invoice that might ban authorities businesses from utilizing services from Huawei and its Chinese language competitor ZTE citing nationwide safety considerations. In the meantime, in a current letter addressed to Canadian Prime Minister Justin Trudeau, U.S. lawmakers have inspired Canada to maintain Huawei out of its 5G plans.


Please enter your comment!
Please enter your name here