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Canada has arrested chief Huawei on suspicion of violating Iran sanctions

December 5, 2018 Business 0 Views Canada arrested Huawei's chief financial officer, suspected of violating US sanctions against Iran, according…

Canada arrested Huawei’s chief financial officer, suspected of violating US sanctions against Iran, according to The Globe and Mail . CFO, Meng Wanzhou, was arrested in Vancouver on Saturday at the request of US law enforcement and facing extradition to the United States.

It is an extremely high-profile arrest, the first major crime in a probe that has been kept mostly from the public and only after long-term suspicions of Huawei’s widespread. Meng happens to be the daughter of Huawei’s founder and CEO Ren Zhengfei, a former Liberation Army, whose connection with the Chinese Communist Party has contributed to suspicions from US intelligence services. Meng also serves as Vice Chairman of Huawei’s Board.

Although the arrest took place on Saturday, it was only published today as the United States Department of Justice told Globe and Mail in a statement that Meng’s castle’s hearing is set for Friday. The department spokesman could not share more details because Meng had requested a publication ban.

Huawei suspicions have been around for years and recently, the Justice Department opened a survey on Huawei’s breach of sanctions against Iran. Details about the probe remain vague. Another Chinese smartphone maker, ZTE, had already fined $ 1

.2 billion to sell goods to Iran and North Korea.


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