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Canadian court frees Huawei CFO on bail
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Top Stories |
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IANS | 12 Dec, 2018
A Canadian court has granted bail to Chinese tech company Huawei's Chief
Financial Officer (CFO), who has been accused of helping the firm dodge
American sanctions on Iran, while she awaits a hearing on extradition
to the US.
Meng Wanzhou's bail on Tuesday night comes after three days of hearings, the Guardian reported.
Meng, 46, was arrested in Vancouver on December 1 at the request of American authorities.
Meng
spent more than a week in custody and cited her poor health - including
previous cancer surgery and difficulty eating solid foods - as grounds
for bail.
In granting her release, Justice William Ehrcke of the
Supreme Court outlined 15 provisions including Meng submitting to
constant surveillance and wearing a GPS tracking device, surrendering
both her passports and providing a bond of C$10 million (US $7 million).
She is also subject to a curfew between 11 p.m. and 6 a.m.
Government
lawyers had pushed for house arrest but she will remain in her
Vancouver home pending the extradition hearing, with significant travel
restrictions.
The decision by the court in Vancouver on Tuesday
came as US President Donald Trump said in an interview that he would
intervene in the case if it would serve national security interests or
help close a trade deal with China, the Guardian said.
It also
follows news that former Canadian diplomat Michael Kovrig, who
previously served as political lead for Prime Minister Justin Trudeau's
2016 visit to Hong Kong, has been detained in China.
Meng is a
high-profile executive at Huawei, one of the world's biggest makers of
smartphones and networking equipment. In addition to her role as CFO,
she also serves as deputy chairperson of the company's board.
According
to Canadian prosecutors, the US has alleged that Meng helped Huawei get
around American sanctions on Iran by telling financial institutions
that a company subsidiary, Skycom, was a separate and unaffiliated
company.
She faces "serious charges of fraud" in the US involving
"millions of dollars", where she could receive substantial jail time if
convicted.
The US has not yet submitted a formal request for Meng's extradition.
If no formal notice is given within 60 days she will be released. She is due back in court on February 6, 2019.
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