A top executive of China’s Huawei Technologies Co Ltd [HWT. UL] argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while incarcerated in Canada along with other factors, court documents showed on Sunday.
TORONTO/BEIJING (Reuters) – A top executive of China’s Huawei Technologies Co Ltd [HWT. UL] argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while incarcerated in Canada along with other factors, court documents showed on Sunday.
Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail after she was arrested on Dec. 1 in Vancouver at the request of the United States.
Meng, 46, faces U. S. accusations that she misled multinational banks about Huawei’s control of a company operating in Iran. This deception put the banks at risk of violating U. S. sanctions and incurring severe penalties, court documents said.
China has criticized her detention and demanded her immediate release. The arrest has roiled global markets as investors worried it could torpedo attempts to thaw trade tensions between Washington and Beijing.
In a sworn affidavit, Meng, the daughter of Huawei’s founder, said she is innocent of the allegations and will contest them at trial in the United States if she is surrendered there.
Meng said she was taken to a hospital for treatment for hypertension after being detained. She cited hypertension as a factor in a bail application seeking her release pending an extradition hearing.
