Money: Huawei CFO to appear in Canada court in U.S. extradition case - PressFrom - Canada
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MoneyHuawei CFO to appear in Canada court in U.S. extradition case

08:20  07 december  2018
08:20  07 december  2018 Source:   reuters.com

Canada Has Arrested Huawei's Global CFO, Globe and Mail Reports

Canada Has Arrested Huawei's Global CFO, Globe and Mail Reports Wanzhou Meng

Huawei CFO Meng Wanzhou arrested in Canada , faces extradition to United States. McLeod said the Canadian Justice Department can't share details of the case . Meng was granted a publication ban after a judge agreed to bar both police and prosecutors from releasing information about the case .

Huawei CFO Meng Wanzhou, 46, who is also the daughter of the company founder, was arrested on Dec. 1 at the request of the United States. The arrest, revealed by Canadian authorities late on Wednesday, was part of a U . S . investigation into an alleged scheme to use the global banking system

Huawei CFO to appear in Canada court in U.S. extradition case© Maxim Shipenkov/EPA/REX/Shutterstock VANCOUVER/TORONTO, Dec 7 (Reuters) - A top executive of China's Huawei Technologies Co Ltd who is under arrest in Canada is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the United States.

Huawei CFO Meng Wanzhou, 46, who is also the daughter of the company founder, was arrested on Dec. 1 at the request of the United States. The arrest, revealed by Canadian authorities late on Wednesday, was part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, people familiar with the probe told Reuters.

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

Huawei CFO Wanzhou Meng arrested in Vancouver, faces extradition to U.S. Canadian authorities have arrested the chief financial officer of Chinese tech giant Huawei Technologies in Vancouver, B.C. 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. He said Meng faces extradition to the U.S., and that a bail hearing has been set for Friday. "As there is a publication ban in effect, we cannot provide any further detail at this time," McLeod said. He added that the publication ban was sought by Meng. Huawei has not responded to Global News' request for comment. READ MORE: U.S.

Huawei CFO Meng Wanzhou, 46, who is also the daughter of the company founder, was arrested on Dec. Trump did not know about the arrest in advance, two U . S . officials said on Thursday, in an apparent attempt to stop the incident from impeding talks to resolve the trade dispute.

VANCOUVER/LONDON (Reuters) - Huawei Technologies Co Ltd' s chief financial officer faces U . S . accusations that she covered up her company' s The United States has 60 days to make a formal extradition request, which a Canadian judge will weigh to determine whether the case against Meng

The news roiled global stock markets on fears the move could escalate a trade war between the United States and China after a truce was agreed on Saturday between President Donald Trump and Xi Jinping in Argentina.

Trump did not know about the arrest in advance, two U.S. officials said on Thursday, in an apparent attempt to stop the incident from impeding talks to resolve the trade dispute.

Details of the case against Meng, to be heard in the Supreme Court of British Columbia, remain sparse.

Canada's Justice Department has declined to provide details of the case and Meng has secured a publication ban, which curbs the media's ability to report on the evidence or documents presented in court.

The bail hearing could be just a preliminary session to set out a schedule, lawyers said.

Trudeau says he had advance notice of Huawei executive's arrest

Trudeau says he had advance notice of Huawei executive's arrest Prime Minister Justin Trudeau says Ottawa had a few days' prior notice of the arrest of an executive from the Chinese telecommunications giant Huawei following U.S. allegations the company violated sanctions on Iran. Authorities conducted the arrest without political interference, Trudeau said Thursday in his first comments on the arrest of Huawei's Chief Financial Officer Meng Wanzhou, which has further inflamed tensions between the U.S. and China. Meng was arrested in Vancouver on Saturday and is being sought for extradition by the U.S. A bail hearing has been set for Friday.

A top executive of China’ s Huawei Technologies Co Ltd who is under arrest in Canada is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the United States.

A top executive of China’ s Huawei Technologies Co Ltd who is under arrest in Canada is set to appear in a Vancouver court on Huawei CFO Meng Wanzhou, 46, who is also the daughter of the company founder Details of the case against Meng, to be heard in the Supreme Court of British Columbia

The Crown counsel is expected to argue that Meng poses a flight risk and should be kept in a detention facility, legal experts said. The onus will be on Meng's lawyer to provide evidence that she will not flee, they added.

Huawei, which has confirmed Meng was arrested, said on Wednesday that "the company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng."

A Huawei spokesman declined to comment on Thursday and said that Wednesday’s statement still stands.

LONG FIGHT

If granted bail, Meng will likely have to post bail with "a surety of several million dollars", Vancouver lawyer Gary Botting, who has experience with extradition cases, said. She would also have to give up her passport, he said.

Meng could also be fitted with electronic monitoring equipment, and the court could go so far as to order security to monitor her while she awaits a decision on extradition, lawyers said.

‘Basically kidnapping’: China’s state media lashes out at Canada over arrest of Huawei executive

‘Basically kidnapping’: China’s state media lashes out at Canada over arrest of Huawei executive The arrest of Huawei's CFO has angered China with its state-run media lashing out at Canada.

Huawei CFO Meng Wanzhou, 46, who is also the daughter of the company founder, was arrested on Dec. If Meng fights extradition , her case could go on for years, lawyers said, pointing to examples like Lai Changxing, a Chinese businessman who fled to Canada after he was implicated in a bribery

Details of the case against Meng, to be heard in the Supreme Court of British Columbia, remain sparse. A top executive of China’ s Huawei Technologies Co Ltd who is under arrest in Canada is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the

If Meng fights extradition, her case could go on for years, lawyers said, pointing to examples like Lai Changxing, a Chinese businessman who fled to Canada after he was implicated in a bribery case and fought extradition to China for 12 years. If she chooses not to fight, she could be in the United States within weeks, experts said.

"You need massive material and evidence to support detention release," said Richard Kurland, a Vancouver-based immigration lawyer. He said Meng would likely be returned to detention if there was no decision on bail.

It is unclear where Meng is being held in Vancouver. Several lawyers have noted that detention facilities in the region are spartan and she would likely be sharing her quarters with other inmates.

Huawei, which employs about 1,000 people in Canada, faces intense scrutiny from many Western nations over its ties to the Chinese government, driven by concerns it could be used by Beijing for spying.

The United States has also been looking since at least 2016 into whether Huawei violated U.S. sanctions against Iran, Reuters reported in April.

More recently, the probe has included the company's use of HSBC Holdings Plc to make illegal transactions involving Iran, people familiar with the investigation said. HSBC is not under investigation, according to a person familiar with the matter.

Huawei has said it complies with all applicable export control and sanctions laws and other regulations. (Reporting by Julie Gordon in Vancouver and Anna Mehler Paperny in Toronto; Additional reporting by David Ljunggren in Ottawa; Editing by Denny Thomas and Sonya Hepinstall)

Chinese state media urges Canada to defy U.S., free Huawei executive.
Chinese state media urges Canada to defy U.S., free Huawei executive

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