Huawei CFO arrested in Canada for U.S. ‘for violating Iran sanctions’
06 December, 2018, 05:57 | Author: Shawna Walton
Huawei's Meng Wanzhou was arrested in Vancouver while transferring flights, according to the publication.
Canadian authorities have arrested Huawei's chief financial officer, Wanzhou Meng.
Earlier this year, it barred USA companies from exporting to Chinese telecommunications firm ZTE over violations of the Iranian sanctions, effectively shutting down the firm.
Meng's arrest is related to alleged violations of U.S. sanctions, according to Reutersnews agency.
The global chief financial officer of Chinese phone firm Huawei is facing extradition to the USA after being arrested in Canada.
"She is sought for extradition by the United States, and a bail hearing has been set for Friday", Ian McLeod, a department spokesman, said in an email.
She now faces possible extradition to the U.S. This time around, however, the issue is not a potential national security risk, but rather accusations that CFO Wanzhou Meng violated U.S. sanctions regarding Iran.
A spokesman for the US Justice Department in the Eastern District of NY - which Huawei said had brought the charges - declined to comment. Its devices have come under scrutiny from United States authorities over spying fears, and the arrest of its CFO has the potential to further inflame tensions between the two countries amid a mounting trade war.
Daily December E-mini S&P 500 Index
USA authorities have been probing Huawei's alleged shipping of American-origin products to Iran in violation of US export and sanctions laws, sources told Reuters in April.
Meng is the daughter of Huawei's founder and CEO Ren Zhengfei, and also serves as deputy chair on Huawei's board.
US telecommunications firms fear that partnering with Huawei by allowing it to sell their smartphones would anger the federal government and jeopardize future contracts.
David Mulroney, a former Canadian ambassador to China, said USA and Canadian business executives could face reprisals in China.
Earlier this year, two US senators wrote to Prime Minister Justin Trudeau warning him that doing business with the Chinese telecom giant would open Canada up to a huge security risk.
Canada, Australia and New Zealand were among the nations to ban the use of Huawei's equipment due to security concerns.
The U.S.is anxious about the extent to which Chinese-made equipment is used in the telecommunications sectors of countries that host American military bases.
However, earlier this year, the United States banned American firms from selling parts and software to ZTE for seven years, a move which brought the company to its knees.
France Football has awarded the prestigious prize to the best male player every year since 1956, adding a women's award this year. As far as his role with Real Madrid is concerned, the 25-year-old was an ever present in the Champions League knockout stages.
Critically, that includes the previously slated January 1 increase from 10 to 25 per cent on some US$200 billion in Chinese goods. His tariff campaign against the country began in January 2018, and saw a 25 per cent tariff on steel imports imposed in March.
He said finding a compromise will be hard because some lawmakers don't want to tie Yemen to the Khashoggi killing. Trump said in a statement in November that "we may never know all of the facts surrounding the murder".
Trump and Xi agreed that "great progress has been made with respect to North Korea ", the White House statement added. The president tells reporters that there are three sites under consideration, but he's not identifying them.
The Marine Corps offered little information in a statement about the incident, which occurred at 2am (4am AEDT) on Thursday. Officials who spoke on condition of anonymity were unsure how the mishap may have occurred but none suspected foul play.
Leaders said they'll push off until later this month a looming shutdown showdown, eager to avoid tainting the commemoration of Mr. Earlier, Laura Bush went over to get a tour with Melania of the White House Christmas decorations.
As we first reported, the woman repeatedly told Cleveland PD officers who responded to the scene she wanted to press charges. With trembling emotion in his voice, Hunt apologized for his mistake and pleaded to the Chiefs to reconsider their decision.
A senior White House official later said Trump and bin Salman exchanged pleasantries during a subsequent leaders' session. The new agreement must be ratified by the parliaments in each of the three countries in order to take effect.
Coach Ryan Day now serves as the offensive coordinator and quarterbacks coach, according to the school's website. When asked if he would ever coach again, Meyer initially told reporters that was a "complicated question".
But Maurizio Sarri confirmed he picked up a knock during the match and was therefore an absentee at Stamford Bridge on Sunday. 'He is a good player with a high quality, but I want more from him, ' said Ranieri.
George H.W. Bush’s funeral and memorial services plan
Mayor Sylvester Turner is hosting Monday evening's event featuring music and community leaders in front of City Hall. President Trump has ordered the federal government to be shut down Wednesday for a national day of mourning.
Syrian air defense targets several objects above Quneitra
The side behind the attack is not yet clear, but Israel has repeatedly targeted military positions in Syria, including in Kisweh. An unconfirmed report from Ria Novosti said that an Israeli Air Force jet and four Israeli missiles were taken down.
Kremlin Says Putin, Trump Will Meet on Sidelines of G-20
At the time, several Ukrainian Navy ships tried to sail through the strait without seeking the proper permission, Moscow said. Responding to the border violation, Russia's border guard have seized the vessels and detained their crews.