Russian Federation says detention of China’s Huawei CFO shows USA arrogance

Chinese Tech Exec Faces 30 Years in Prison in U.S., Canadian Prosecutor Says

Huawei exec faces US fraud charges linked to Iran, court hears

He said there is incentive for Meng to leave Canada, telling the court her father's net worth is $3.2 billion and she has no meaningful connection to Canada, apart from spending two to three weeks on vacation in Vancouver every summer.

Chinese telecom giant Huawei's chief financial officer, arrested in Canada, faces USA fraud charges for allegedly lying to banks about the use of a covert subsidiary to sell to Iran in breach of sanctions, a bail hearing heard Friday.

A Chinese telecommunications executive who was arrested after an extradition request from the United States is scheduled to appear in a Vancouver court for a bail hearing today.

She faces multiple charges, each carrying a penalty of up to 30 years in prison upon conviction.

The arrest, revealed by Canadian authorities late on Wednesday, was part of a USA investigation into an alleged scheme to use the global banking system to evade American sanctions against Iran, sources say.

Meng's lawyer said the Huawei executive would not breach court orders because of her "personal dignity". The alleged sanctions breaches occurred between 2009 and 2014.

Freeland said that Ambassador John McCallum has assured the Chinese foreign ministry that due process is being followed in Canada and consular access will be provided to Meng Wanzhou, the chief financial officer of Huawei Technologies. The company also makes smartphones and has been the second-leading seller for two consecutive quarters, behind Samsung and ahead of Apple, according to IDC.

Meng is accused of committing fraud because she told banks in the United States that Huawei and Skycom, a Hong Kong-based company reportedly doing business with Iran, have no connections.

Prosecutors told the court that a judge in NY issued a warrant for Meng's arrest in August.

Meng arrived in the packed Supreme Court of British Columbia on Friday as dozens of photographers jostled outside the building.

CNN, quoting an unnamed official, said the United States saw the arrest as providing leverage in US-China trade talks - although White House trade advisor Peter Navarro has denied any link to the dialogue. Meng is also known by the names Sabrina Meng and Cathy Meng.

"Neither the United States nor Canada has made any clarification on the reason for the detention so far", he said at the time.

"Obviously, Washington is resorting to a despicable rogue's approach as it can not stop Huawei's 5G advance in the market", it went on. The lawyer also proposed that Meng could be electronically monitored to ensure she does not take flight. The Vancouver Sun reported on Friday that Meng's husband Xiaozong Liu is believed to own at least one luxury home in the city.

This longstanding treaty requires that the offence for which extradition is being sought is also a crime in Canada.

Canada is not providing further details about the case because of a court-ordered publication ban.

"I can assure everyone that we are a country (with) an independent judiciary", Trudeau told a tech conference in Montreal. Last month, New Zealand refused a telecom company's request to use 5G technology from Huawei, citing national security concerns.

Asked this week about a possible Canadian ban on Huawei, Trudeau said he would defer to the advice of his intelligence agencies. There are exemptions for telecom equipment in U.S. sanctions against Iran, he argued.

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