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Huawei exec accused of fraud over Iran sanctions

Huawei exec accused of fraud over Iran sanctions

In urging the court to reject Meng's bail request, Gibb-Carsley said the Huawei executive had vast resources and a strong incentive to bolt: She's facing fraud charges in the United States that could put her in prison for 30 years.

Her detention comes less than two months after a Chinese intelligence officer was arrested in Belgium and extradited to the U.S. to face espionage charges, in the first case of a Chinese intelligence official being taken to the United States to face prosecution in an open court.

According to AP, the prosecutor said she portrayed the two companies as separate, while the USA claims Huawei and SkyCom are connected, and thus Huawei violated US sanctions against Iran.

Her bail hearing was adjourned until Monday at 10am (18:00 GMT).

China, meanwhile, has officially demanded Meng's release.

It wasn't until Wednesday that the world learned that Meng Wanzhou, chief financial officer of Chinese telecoms giant Huawei, had been detained on Saturday in Canada at the behest of USA authorities.

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Dressed in a dark green sweatshirt and sweatpants, she shook hands with her lawyer, David Martin, and smiled at him after she was led into B.C. Supreme Court by a sheriff.

Meng's father, the billionaire Ren Zhengfei, founded Huawei Technologies 1987 and established it in the southern China city of Shenzhen, across the border from Hong Kong.

Freeland said that Ambassador John McCallum has assured the Chinese foreign ministry that due process is being followed in Canada and consular access will be provided to Meng Wanzhou, the chief financial officer of Huawei Technologies.

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.

It has charged that Beijing has stolen trade secrets, violated patents, hacked industrial targets and forced U.S. companies investing in China to hand over their technology to Chinese partners.

The chief financial officer of Huawei could face charges of fraud to evade USA sanctions on Iran. "They had been warned, and finally we had to prosecute that", he said.

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"Obviously, Washington is resorting to a despicable rogue's approach as it can not stop Huawei's 5G advance in the market", it went on. "SkyCom is Huawei", he told the court.

"Huawei has never been asked by any government to build any backdoors or interrupt any networks, and we would never tolerate such behaviour by any of our staff", it said. The lawyer also proposed that Meng could be electronically monitored to ensure she does not take flight. Last month, New Zealand refused a telecom company's request to use 5G technology from Huawei, citing national security concerns. Moreover, US authorities believe that Huawei's top managers began avoiding travel to the US around April 2017 after becoming aware of the US criminal probe.

But now, after Meng appeared in a BC courtroom on Friday for a bail hearing and the publication ban was lifted, reasons for Meng's arrest are being brought to light. She was widely considered to be his likely successor.

Mr. Trudeau and USA national-security adviser John Bolton have said they both knew of the arrest plans in advance.

"The Chinese government should seriously mull over the United States tendency to abuse legal procedures to suppress China´s high-tech enterprises", said the nationalist tabloid Global Times in an editorial.

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