Home GRASP/China Huawei executive Meng Wanzhou released on bail

Huawei executive Meng Wanzhou released on bail

365
0
SHARE

The Chinese executive accused of violating US sanctions against Iran has been granted bail while she awaits an extradition hearing to the US following her arrest in Canada.
T he Chinese executive accused of violating US sanctions against Iran has been granted bail while she awaits an extradition hearing to the US following her arrest in Canada.
Meng Wanzhou, 46, is facing extradition after she was arrested at Vancouver Airport earlier this month.
Ms Meng, the chief financial officer of the Chinese telecommunications giant Huawei, has been accused of conspiracy to defraud banks after the company allegedly skirted sanctions on Iran.
Justice William Ehrcke, who presided over her three day bail hearing in Vancouver set her bail at C$10m (£6m) and placed several other conditions including surrendering her passports and agreeing to remain in British Columbia.

Continue reading...