A top executive at a Chinese technology company has been arrested in Canada on U.S. charges related to an investigation into whether her firm, Huawei, The Globe and Mail reports. Meng Wanzhou, who also goes by Sabrina Meng, was arrested on December 1. The U.S. is seeking extradition, the newspaper reports.
Meng, 46, is the chief financial officer of Huawei and the daughter of the company’s founder, Ren Zhengei. “She is sought for extradition by the United States, and 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. The ban was sought by Ms. Meng,” Canadian Justice Department spokesman Ian McLeod said in a statement to The Globe and Mail. A source told the newspaper that the arrest is related to an investigation into whether Huawei and Meng violated the American embargo against Iran.
Huawei and Chinese authorities have said Meng has not violated any laws and should be released from custody. Her arrest comes just after President Donald Trump met with Chinese President Xi Jinping and agreed to temporarily halt the trade war between the two countries for 90 days. According to NBC News, reports of Meng’s arrest caused U.S. stocks to tumble on fears of retaliation by China and a flare-up in tensions between the two countries.
Huawei is the largest global supplier of network gear used by phone and internet companies and recently passed Apple as the second-biggest manufacturer of cell phones, behind only Samsung Electronics, according to NBC News. U.S. officials have been concerned about the security threat the company poses as it grows. U.S. officials, including Trump and Barack Obama, have called for countries around the world to limit the use of Huawei technology, as they see the company as a potential front for Chinese spying.
CNN reports, “The Pentagon in May ordered stores on American military bases to stop selling smartphones made by Huawei and Chinese rival ZTE. And in February, top officials from the CIA, NSA, FBI and the Defense Intelligence Agency told a Senate committee that those firms’ smartphones posed a security threat to American customers.”
Here’s what you need to know:
1. Meng Was Arrested in Vancouver & the U.S. Is Seeking Her Extradition, but the Exact Charges Against Her Haven’t Been Made Public
Sabrina Meng was arrested in Vancouver on December 1, …read more