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giftedviz.com December 10, 2018


Chinese exec facing United States extradition appears in court for breaching Iran sanctions

08 December 2018, 04:17 | Darnell Patrick

Huawei CFO wanted by U.S., accused of fraud and bypassing sanctions against Iran

Russian FM Lavrov holds a news conference on the sidelines of OSCE summit in Milan

Gibb-Carsley told the hearing that Reuters reported in 2013 that Huawei was operating Skycom, triggering Huawei executives including Meng to allegedly make a series of misrepresentations. While a judge has lifted a publication ban that prevented the media from reporting on the evidence presented in court, Canada's Justice Department has been secretive about all aspects of this case.

The company says she faces extradition to the United States on unspecified charges.

He added that Ms Meng should not be granted bail because she could be a flight risk due to her wealth and connections overseas.

Meng pledged C$1 million for bail.

Reporters in attendance tweeted details from the hearing, and noted the shocked reaction from the gathered crowd upon learning the possible severity of Meng's punishment were she to face trial and be found guilty. Chinese Commerce Ministry spokesman Gao Feng said China is confident it can reach a deal during the 90 days that Trump agreed to suspend a scheduled increase in USA import taxes on $200 billion worth of Chinese products.

Meng's "extensive pattern of dishonesty" was cited as another reason to deny her bail, as was the fact that she stopped traveling to the United States after learning about the investigation into her case.

According to the report, "Meng's attorney said she would not breach a court order because doing so would embarrass her personally, and would also humiliate her father, Huawei and China itself". He argued that her wealth should not disqualify her from getting bail, and suggested use of tools such as electronic monitoring to ensure she stays in the country.

The crown compared Meng's case to that of Su Bin, a Chinese businessman accused of stealing US military secrets who was denied bail in a BC court in 2014, presenting the case as a precedent to also deny bail to Meng.

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.

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"I have not spoken directly to Chinese officials but John McCallum, our ambassador to China - our very senior ambassador to China - has spoken with Chinese officials", Freeland said Friday in a teleconference from meetings in Berlin.

Pedestrians walk past a Huawei retail shop in Beijing Thursday, Dec. 6, 2018.

Meng, who also goes by the first name Sabrina, is one of four deputy chairs listed on the Huawei website and one of three women to sit on the Huawei board.

Meng is the daughter of Huawei's founder and chief executive Ren Zhengfei.

The five nations together form the "Five Eyes" intelligence alliance.

Huawei is the world's biggest supplier of network gear used by phone and internet companies and long has been seen as a front for spying by the Chinese military or security services.

In the UK, BT Group announced this month it is removing Huawei equipment from its 3G and 4G mobile operations, and will not be using Huawei technology in its 5G network.

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.



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