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Huawei executive granted $10M bail by Canadian court

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The Chinese telecom giant’s CFO awaits a hearing on extradition to the US.
A top executive for Huawei has been granted bail by a Canadian court while she awaits a hearing on her possible extradition to the US.
Meng Wanzhou, the Chinese telecommunications giant’s chief financial officer and the daughter of its founder, was granted $10 million bail on Tuesday, the third day of a bail hearing that’s strained diplomatic relations between the US and China.
Meng, 46, was arrested Dec. 1 as she was changing planes at the Vancouver International Airport at the request of US authorities, who accused her of deceiving financial institutions, putting them in a position to violate sanctions against Iran.

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