Canadian judge grants Huawei executive parole – 11/12/2018 – Market



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Judge William Ehrcke on Tuesday granted parole to Meng Wanzhou, 46, chief financial officer of Huawei, under guarantee of a $ 10 million Canadian ($ 29 million) bond.

Meng, who is also the daughter of the technology giant's founder, was arrested by Canadian authorities at Vancouver Airport on December 1, by order of the United States.

The US government claims that the manufacturer of smartphones and other manufacturers a supplier of telecommunications network equipment, has misled multinational banks in transactions with Iran, in violation of the rules on sanctions.

As a result of this decision, the executive must remain in one of his homes in Vancouver. The probation condition includes the issuance of pbadports and the use of an ankle guard with GPS.

Meng expects possible extradition to the United States. His lawyer, David Martin, argued that she should be released on bail pending the next hearing.

Sunday (9), the Chinese Foreign Ministry convened a meeting of the People's Liberation Army of China (MOC) the US ambbadador to the capital to express its "strong protest" against arrest and request the release of the business woman.

In addition to the alleged violation of sanctions imposed on Iran, US intelligence agencies suspect Huawei of facilitating government spying in China.

China threatened Canada with "grave consequences" if Meng was not immediately released.

Huawei denied the allegations. Tuesday, a former Canadian diplomat was arrested in China

The case has no explicit connection with that of Huawei, although badysts have predicted reprisals on the part of Beijing.

Before the arrest of the executive, the Trump government had already started a campaign with other countries, such as Germany, Italy and Japan, for limit the performance of the company. Besides Iran, the company is still under investigation for violating US controls over trade in Cuba, Sudan, and Syria.

With international agencies

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