Canada arrests Huawei CFO in Vancouver for extradition to the U.S.

Canada arrests Huawei CFO in Vancouver for extradition to the U.S.

Canada arrests Huawei CFO in Vancouver for extradition to the U.S.

Huawei's Meng Wanzhou was arrested in Vancouver while transferring flights, according to the publication.

The chief financial officer of China's global telecommunications equipment giant Huawei has been arrested in Canada and faces extradition to the United States, the ministry of justice said Friday.

Wanzhou Meng, who also goes by Sabrina Meng, was arrested in Vancouver on Saturday, Dec. 1, Department of Justice Canada spokesperson Ian McLeod told Global News.

The report states that Meng is accused of violating the current US trade embargo against Iran. "The company believes the Canadian and USA legal systems will ultimately reach a just conclusion", it said.

The handset and telecommunications equipment maker said it complies with all applicable export control and sanctions laws and U.S. and other regulations.

Huawei CFO Wanzhou Meng arrested in Vancouver, faces extradition to U.S.

The US has also been investigating the alleged shipping of US-made products to Iran and other countries by Huawei since 2016, an activity that would violate US sanctions laws.

Meng's father Ren Zhengfei, a former army engineer who was named China's top entrepreneur of the past 40 years, has won acclaim at home for turning an electronics reseller into the world's second-largest smartphone maker and a major producer of networking gear.

As of August 2018, USA federal government agencies are barred from purchasing Huawei equipment.

In 2013, Reuters said that Meng served on the board of Skycom Tech, a Hong Kong-based firm that attempted to sell embargoed computer equipment to Iran's Mobile Telecommunication Co, in violation of trade sanctions.

The arrest could drive a wedge between China and the United States just days after President Donald Trump and President Xi Jinping held a meeting in Argentina where they agreed to steps to resolve a brewing trade war.

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The Chinese embassy in Ottawa issued a statement condemning the action.

Canadian officials have arrested Wanzhou Meng, the chief financial officer and deputy chairwoman of the board for the Chinese tech giant Huawei, CBC News has confirmed.

Most recently, the U.K.'s BT said it plans to remove Huawei equipment from its core network.

In 2016, the Commerce Department sought information regarding whether Huawei was possibly sending US technology to Syria and North Korea as well as Iran. A proposal for the sale of the HP equipment to Iran contained at least 13 pages marked "Huawei confidential" and included the Huawei logo, Reuters said. News of the probe broke in April 2018 when it was reported by the Wall Street Journal. Huawei also didn't immediately respond to requests for comment.

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