USA wants Huawei executive 'to face charges over Iran sanctions'

Meng Wanzhou right attends a bail hearing at British Columbia Supreme Court in Vancouver on Friday Dec. 7 2018

Meng Wanzhou right attends a bail hearing at British Columbia Supreme Court in Vancouver on Friday Dec. 7 2018

Canada's Justice Department has declined to provide details of the case but a judge on Friday lifted a publication ban on the evidence or documents presented in court.

The company would not say why she faces extradition, but at Meng's bail hearing Friday, the Crown revealed she is wanted due to an investigation into fraud and violations against USA sanctions against Iran. The arrest, revealed by Canadian authorities late on Wednesday, was part of a USA investigation into an alleged scheme to use the global banking system to evade US sanctions against Iran, people familiar with the probe told Reuters.

Meng is accused to have previously insisted the two were separate companies.

From 2009 to 2014, the court heard, Huawei used Skycom to transact business in Iran despite United States and European Union bans. It's alleged that they did not know that they were in effect doing business with Iran and could have faced severe financial consequences, Gibb-Carsley said. "Let's see who doesn't get a permit or which U.S. executive gets arrested", she said.

None of the allegations have been proven in court.

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". The prosecutor said Meng is a flight risk and should not be granted bail.

The prosecutor said at the bail hearing for Meng Wanzhou that she has vast resources and would be motivated to flee Canada and return home to China.

Meng appeared in a Vancouver court on Friday for a bail hearing.

The chief financial officer of China’s Huawei Technologies was arrested in Canada on Saturday Dec. 1 2018
The chief financial officer of China’s Huawei Technologies was arrested in Canada on Saturday Dec. 1 2018

Meng's bio on the company website says she joined in 1993 and held various positions across the company, including director of worldwide accounting and CFO of Huawei Hong Kong. SkyCom was allegedly an unofficial subsidiary of Huawei and completely under its control. "Skycom employees were Huawei employees".

Meng was arrested Saturday while in transit at Vancouver's airport.

In 2014, British Columbia resident Su Bin was arrested by Canadian officials, on accusations that he had stolen top-secret American fighter jet plans. The court heard she was en route from Hong Kong to Mexico.

Ms Meng's lawyer David Martin said the evidence presented does not prove she broke either U.S. or Canadian law.

Huawei 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". She was widely considered to be his likely successor.

Meng, who takes her last name from her mother, received a master's degree from Huazhong University of Science and Technology in Wuhun, China, and started in a low-level position at Huawei in 1993 when she in her 20s.

Several reporters from the USA and Canadian media organizations tweeted details of the accusations after the court lifted a publishing ban that had been in place since Meng's arrest.

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.

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