Huawei CFO arrested in Canada for U.S. ‘for violating Iran sanctions’

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

Canada arrests Huawei global CFO in Vancouver

Canada has arrested Huawei's global chief financial officer in Vancouver, where she is facing extradition to the United States on suspicion she violated USA sanctions against Iran, the Globe and Mail newspaper reported on Wednesday.

McLeod says as there is a publication ban in effect and he could not provide any further details. The ban was sought by Ms. Meng.

Meng, who is the daughter of Huawei founder Ren Zhengfei, is seen as a key figure in the company, serving both on the company's executive team and its board of directors.

The statement said that Meng was taken into custody when she was transferring flights in Canada.

Huawei CFO Meng Wanzhou was arrested in Vancouver on Dec1, according to Canadian authorities.

The federal Crown prosecutor handling the case declined to comment outside court on the reasons for Meng's arrest, referring questions to the federal Justice Department.

The Wall Street Journal reported back in April, that the United States authorities have been probing the Chinese telecommunication giant at least since 2016 for allegedly circumventing the Iranian sanctions and supplying US-origin products to the Islamic Republic. American prosecutors are seeking to have her moved to the United States as it investigates whether the company broke trade sanctions against Iran.

The U.S. previously banned ZTE, a Huawei competitor, for violating similar sanctions.

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In June, Canada's Globe and Mail newspaper reported that USA lawmakers warned the Canadian government that Huawei posed a major cybersecurity risk.

Wanzhou Meng, Huawei's chief financial officer, was arrested in Vancouver, British Columbia, Canada today.

Reuters quoted Huawei, the world's largest maker of telecommunications network equipment and the number three smartphone supplier, as saying that it complies with all applicable laws and regulations where it operates. "The company believes the Canadian and United States legal systems will ultimately reach a just conclusion".

Skycom was described by Huawei as one of its "major local partners", although the Chinese company said neither it nor Skycom ultimately provided the HP equipment.

The Chinese telecommunications giant is now in partnership with Canadian universities across the country as well as companies such as Telus, with whom it is developing 5G networks in Canada.

New Zealand and Australia have stopped telecom operators from using Huawei's equipment in new 5G networks because they are concerned about possible Chinese government involvement in their communications infrastructure.

The country has already been warned by USA senators against the use of Huawei in its telecommunications networks.

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