Huawei CFO a flight risk, prosecutor says as arrest risks US-China detente

Taipei Times
Date: Dec 09, 2018
By: AP, VANCOUVER, British Columbia

A Canadian prosecutor on Friday urged a Vancouver court to deny bail to a Chinese

Reporters stand outside the Supreme Court of British Columbia ahead of a bail hearing for Huawei Technologies Co CFO Wanzhou Meng in Vancouver, British Columbia, on Friday.  Photo: Bloomberg

executive at the heart of a case that is shaking up US-China relations and worrying global financial markets.

Huawei Technologies Co (華為) chief financial officer Meng Wanzhou (孟晚舟) was detained at the request of the US during a layover at Vancouver International Airport on Saturday last week — the same day US President Donald Trump and Chinese President Xi Jinping (習近平) agreed over dinner to a 90-day ceasefire in a trade dispute that threatens to disrupt global commerce.

The US alleges that Huawei used a Hong Kong shell company to sell equipment in Iran in violation of US sanctions.

It also says that Meng and Huawei misled US banks about its business dealings in Iran.
[FULL  STORY]

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