Huawei executive Meng Wanzhou granted bail in Canada

Huawei chief financial officer Meng Wanzhou was arrested by Canadian authorities on December 1.

Huawei CFO Meng Wanzhou

Huawei CFO Meng Wanzhou has been granted bail by a Canadian court. Source: AAP

A Canadian judge has granted bail to Huawei executive Meng Wanzhou.

The 46-year-old chief financial officer of Huawei Technologies was arrested by Canadian authorities on December 1 at the request of the US.

She faces US accusations of misleading multinational banks about Huawei's control of a company operating in Iran, putting the banks at risk of violating US sanctions, and incurring severe penalties, court documents said.

US officials allege Huawei was trying to use the banks to move money out of Iran. Huawei and its lawyers have said the company operates in strict compliance with applicable laws, regulations and sanctions of the US and other parties.

Canadian prosecutors argued against giving Meng bail while she awaits extradition to the US, but a Canadian judge ruled in favour of granting her bail on Wednesday.

Meng said she should be released on bail while awaiting an extradition hearing because of severe hypertension and fears for her health.


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1 min read
Published 12 December 2018 11:05am
Updated 12 December 2018 4:39pm


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