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China protests arrest of Huawei CFO in Canada, urges release: Embassy

06 December, 2018, 03:41 | Author: Regina Silva
  • US Stocks Dive Again Extending Losses

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.

He said Meng is sought for extradition by the U.S.

As there is a publication ban in effect, which was requested by Meng, the department declined to provide any further detail of the extradition. "The ban was sought by Ms. Meng".

USA prosecutors were investigating whether Huawei violated U.S. sanctions on Iran.

Meng Wanzhou, daughter of company founder Ren Zhenfei, and a vice chair of Huawei Technologies.

Both The Global And Mail and South China Morning Post previously reported that Meng had been arrested on suspicion of violating the US's trade sanctions on Iran. She was detained while transferring between flights, the firm said.

In a statement, Huawei said it complied with "all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU".

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Huawei, among the world's largest telecommunications equipment makers, has previously stated it abides by "all applicable laws and regulations where it operates, including the applicable export control and sanction laws and regulations of the UN, US and European Union". "The company believes the Canadian and US legal system will ultimately reach a just conclusion".

The New York Times meanwhile said that the company had been subpoenaed by the Commerce and Treasury Departments over alleged violations of Iran and North Korea sanctions.

Earlier this year, two USA senators wrote to Prime Minister Justin Trudeau warning him that doing business with the Chinese telecom giant would open Canada up to a huge security risk.

Several months after Donald Trump signed a bill into law preventing US government agencies from buying certain products from the Chinese electronics manufacturer, Huawei's CFO has been arrested in Canada. BT still planned to use Huawei phone mast antennas and some other products.

New Zealand and Australia have stopped telecom operators from using Huawei's equipment in new 5G networks because they are concerned about possible Chinese government involvement in their communications infrastructure.

Skycom was described by Huawei as one of its "major local partners", although the Chinese company said neither it nor Skycom ultimately provided the HP equipment.

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