The justice placed 16 conditions on Meng Wanzhou’s release, including that she remain at her Vancouver home at night and she surrenders her passports
VANCOUVER — A top executive at Chinese tech giant Huawei who was arrested in Vancouver has been released on $10 million bail and must agree to wear an electronic tracking device.
Meng Wanzhou, 46, is wanted by the United States on allegations that the company skirted trade sanctions against Iran.
Justice William Ehrcke of the Supreme Court of British Columbia said Tuesday he is satisfied Meng, a well-educated businesswomen with letters of reference, does not pose a flight risk.
He placed 16 conditions on her release, including that she remain at her home in Vancouver between 11 p.m. and 6 a.m. unless she gets prior written permission from her bail supervisor or from the court or for medical reasons, and that she surrender her two passports and any travel documents.
Ehrcke set bail at $10 million, with $7.5 million of it in cash.
Supporters of Meng burst into applause when the judge agreed to release Huawei’s chief financial officer.
Meng was arrested on a warrant that alleges she committed fraud because Huawei used unofficial subsidiary Skycom to do business with Iranian telecommunications companies between 2009 and 2014 in violation of international sanctions.
She has denied the allegations through her lawyer in court, promising to fight them if she is extradited to face charges in the United States.
After Meng’s release, Huawei released a statement saying it has “every confidence that the Canadian and U. S. legal systems will reach a just conclusion.”
“As we have stressed all along, Huawei complies with all applicable laws and regulations in the countries and regions where we operate, including export control and sanction laws of the UN, U.
