Published: Sat, December 08, 2018

Arrested Huawei CFO potentially faces decades in jail

Arrested Huawei CFO potentially faces decades in jail

In a statement on Wednesday, Huawei said "the company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms Meng".

She was arrested in Vancouver on December 1, and is sought for extradition by the United States.

According to AP, the prosecutor said she portrayed the two companies as separate, while the USA claims Huawei and SkyCom are connected, and thus Huawei violated US sanctions against Iran.

A Canadian government lawyer asked the court to deny her bail, saying she has been accused of "conspiracy to defraud multiple financial institutions" and if convicted faces more than 30 years in prison.

Meng's lawyer, David Martin, disputed the prosecutor's call to deny bail, saying, "The fact a person has worked hard and has extraordinary resources can not be a factor that would exclude them from bail".

"The Chinese government should seriously mull over the U.S. tendency to abuse legal procedures to suppress China's high-tech enterprises", said the nationalist tabloid Global Times in an editorial.

The news of Meng's arrest has roiled global stock markets on fears it could escalate a trade war between the U.S. and China after a truce was agreed last week between President Trump and China's leader Xi Jinping.


McCallum was clear that Chinese consular officials will have access to Meng "just as we seek consular access for detained Canadians around the world, including in China".

Huawei CEO and founder Ren Zhengfei is a former member of China's People's Liberation Army (PLA), where he worked as an engineer helping to build its communications network.

The company faces being shut out of Australia, New Zealand and USA 5G rollouts, and British telecom group BT revealed on Wednesday it was removing Huawei equipment from its core cellular network.

The U.S. has led a charge to ban the use of Huawei products among its allies, particularly the Five Eyes intelligence-sharing network that also includes Canada, Australia, Britain and New Zealand.

"Huawei is SkyCom. This is the alleged fraud", Canadian prosecutor John Gibb-Carsley said. "I'm talking about areas such as A.I., quantum technology, 5G, biopharma, and clean tech".

"These are organizations, ultimately, tightly tied to the Chinese security apparatus, and we think there are some real, serious issues there", Harper said.

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