A Canadian judge says he won’t reach a bail decision Monday for a top Chinese executive facing possible extradition to the U. S. in a case that has fueled U. S.-China trade tensions and roiled financial markets.
The Latest on the arrest in Canada of Chinese tech executive Meng Wanzhou. (all times local):
4 p.m.
A Canadian judge says he won’t reach a bail decision Monday for a top Chinese executive facing possible extradition to the U. S. in a case that has fueled U. S.-China trade tensions and roiled financial markets.
Justice William Ehrcke says the case will continue Tuesday to determine whether Meng Wanzhou can be released on bail.
Meng is the chief financial officer of telecommunications giant Huawei and also the daughter of its founder. She was detained at the request of the U. S. during a layover at the Vancouver airport on Dec. 1 — the same day that Presidents Donald Trump and Xi Jinping of China agreed to a 90-day cease-fire in a trade dispute that threatens to disrupt global commerce.
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2:45 p.m.
The judge weighing whether a top Chinese technology executive can get bail in Canada is casting doubt that her husband can act as a surety.
A surety essentially acts a guarantor so that the person seeking bail doesn’t flee.
Justice William Ehrcke noted Meng Wanzhou’s husband isn’t resident of British Columbia and says his visitor visa expires in February.
The judge says a surety must be a resident of British Columbia. He noted the other surety is an executive of a surveillance company that would be hired by Weng but is only putting up 1,000 Canadian dollars ($750) as collateral.
Monday is the second day of a hearing on whether to release Meng on bail in Canada. Meng is the chief financial officer of telecommunications giant Huawei and also the daughter of its founder.
Her lawyer David Martin says Meng’s husband will put up both of their Vancouver homes plus 1 million Canadian dollars for a total value of CA$15 million as collateral.
She was detained at the request of the U. S. during a layover at the Vancouver airport on Dec. 1. The U. S. alleges that Huawei used a Hong Kong shell company to sell equipment in Iran in violation of U.
