Huawei founder’s daughter, CFO arrested at Canada

The world largest telecom quipment manufacturer company Huawei Chief Financial Officer Wanzhou Meng was arrested in Vancouver in connection with potential violations on suspicion she violated U.S. trade sanctions against Iran, Canada’s Department of Justice said.

Meng, the company’s deputy chairwoman, was arrested on December 1; a bail hearing has already been set for Friday. Meng is the daughter of Huawei founder Ren Zhengfei . She joined Huawei in 1993.

In a statement, department confirmed Meng had been arrested and was facing extradition.

“As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms. Meng,” it said.

Tensions between U.S. authorities and Huawei have been high since 2016 and have taken a turn for the worse as the U.S.-China trade war has heated up. Citing national security concerns, President Donald Trump in August signed a bill that would ban government agencies from using products and services from Huawei and its Chinese competitor ZTE. Meanwhile, in a recent letter addressed to Canadian Prime Minister Justin Trudeau, U.S. lawmakers have encouragedCanada to keep Huawei out of its 5G plans.

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