Huawei's global chief financial officer arrested in Vancouver

Huawei's global chief financial officer arrested in Vancouver

Huawei's global chief financial officer arrested in Vancouver

Wanzhou Meng, Huawei's chief financial officer, was reportedly arrested in Canada on Saturday.

The worldwide chief financial officer of Huawei has been arrested in Vancouver by Canadian authorities over allegations that she has violated United States trade embargo against Iran.

In a statement to Daily Hive, Federal Department of Justice spokesperson Ian McLeod confirmed that Wanzhou Meng was arrested in Vancouver on December 1.

'The ban was sought by Ms. Meng'.

The arrest by Canadian authorities of Meng stems from an allegation that another company which she managed violated a US ban against selling technology to Iran.

Outside of the arrest itself, very little information about the case is being released at this time, in large part because a publication ban that was requested by Meng. "The company believes the Canadian and U.S. legal systems will ultimately reach a just conclusion", a spokesperson for the company said.

The handset and telecommunications equipment maker said it complies with all applicable export control and sanctions laws and USA and other regulations.

Earlier this year, the U.S. Justice Department began probing Huawei for potentially violating sanctions that banned the Chinese company from selling equipment to Iran.

It is understood a National Intelligence Law passed by China past year that obliges Chinese citizens and companies anywhere in the world to cooperate with its security services was one reason for the block.

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"The arrest of Huawei's CFO by the Canadian government for potential violations of Iran sanctions is welcome and I urge prompt extradition to the US", Rubio was quoted as saying in a statement to The Globe.

One of Huawei's top executives was arrested in Canada today, but the move was reportedly made at the request of the U.S. government.

It is not clear if Meng's arrest is connected to the United States probe into Huawei.

Wanzhou, the daughter of the technology giant's founder Ren Zhengfei, faces extradition to the USA on suspicion that the executive violated US sanctions targeting Iran.

In 2016, the Commerce Department sought information in regards to Huawei possibly sending USA technology to Syria and North Korea as well.

Huawei, which sells telecommunications and computer electronics equipment, is the world's second largest maker of smartphones, behind South Korean giant Samsung.

The news of the arrest broke today.

Huawei's comments came in response to the FCC's notice of proposed rulemaking (NPRM) for Protecting Against National Security Threats to the Communications Supply Chain Through FCC Programs.

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