Arrested Huawei CFO makes appearance in Canadian court as United States seeks extradition

Chinese Tech Exec Faces 30 Years in Prison in U.S., Canadian Prosecutor Says

Chinese Tech Exec Faces 30 Years in Prison in U.S., Canadian Prosecutor Says

Meng's arrest is reportedly related to a USA investigation into a plot to use the global banking system to bypass stateside sanctions against Iran, according to Reuters.

USA prosecutors want a top executive of China's Huawei Technologies to face charges of fraud linked to the skirting of Iran sanctions, a Vancouver court heard on Friday.

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, 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.

Chinese telecom giant Huawei's chief financial officer faces U.S. fraud charges related to sanctions-breaking business dealings with Iran, a Canadian court heard Friday, a week after she was detained on an American extradition request.

The prosecutor said Meng had personally denied to USA bankers any direct connections between Huawei and SkyCom, when in fact "SkyCom is Huawei". Trudeau said at the time that he had not been in contact with China or its ambassadors about the case, CBC reported.

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In a presentation to one bank, Meng allegedly described her company's relationship with SkyCom as a "normal business operation" and claimed that although Huawei had divested itself of a stake in SkyCom. "They have had a good conversation with John".

Canadian Prime Minister Trudeau told reporters on December 6 that he had been informed of the arrest a few days ahead of it taking place.

A Canadian court must decide if there is sufficient evidence to support the extradition, but then it is left to Canada's justice minister to sign the order.

Meng is the daughter of Huawei founder Ren Zhengfei, a former Chinese military engineer worth $3.2 billion, according to Forbes magazine. So far, New Zealand and Australia have banned the company from their 5G networks; Britain has expressed concerns and is considering measures.

"In particular, CSIS has seen a trend of state-sponsored espionage in fields that are crucial to Canada's ability to build and sustain a prosperous, knowledge-based economy", he added. "The United States is encouraging western allies to essentially push Huawei out of the emerging 5G network, and my personal view is that is something that western countries should be doing in terms of our own long-term security issues".

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