Home GRASP GRASP/China Chinese CFO Charged With Fraud Out On $10,000,000 Bail

Chinese CFO Charged With Fraud Out On $10,000,000 Bail

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A Vancouver judge released Huawei’s chief financial officer Tuesday on a $10 million bail bond, CBC News reports. Meng Wanzhou could soon be extradited to the…
A Vancouver judge released Huawei’s chief financial officer Tuesday on a $10 million bail bond, CBC News reports.
Meng Wanzhou could soon be extradited to the U. S. on fraud charges. Canadian police arrested Wanzhou last week at the request of American authorities. According to  The Globe and Mail, the U. S. suspects Meng of contravening its embargo of Iran.
Huawei CFO Meng Wanzhou is led out of a Vancouver court room. A judge released her on $10 million bail. CBC News screenshot
Judge William Ehrcke was convinced that the amount of bail demanded, the five guarantors required to post it and the bail conditions will be a sufficient deterrence to Meng fleeing the country.

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