CFO of Chinese tech giant Huawei arrested in Vancouver, sought by U.S. for extradition
Canadian officials have arrested Wanzhou Meng, the chief financial officer and deputy chairwoman of the board for the Chinese tech giant Huawei, CBC News has confirmed.
According to a statement from the Department of Justice, Meng was arrested in Vancouver on Saturday and is being sought for extradition by the United States. A bail hearing has been set for Friday.
The statement said Meng sought, and was granted, a publication ban which prevents the department from releasing further details about the arrest.
The Globe and Mail reported earlier Wednesday that she was arrested on suspicion of violating U.S. trade sanctions on Iran.
U.S. authorities have been probing Huawei, one of the world's largest makers of telecommunications network equipment, since at least 2016 on allegations that it shopped U.S.-derived tech products to Iran and other countries in violation of U.S. export and sanctions laws, sources told Reuters in April.
Global concerns over Huawei
Britain's BT Group said on Wednesday it was removing Huawei Technologies' equipment from the core of its existing 3G and 4G mobile operations and would not use the Chinese company in central parts of the new network.
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.
Huawei, the world's biggest network equipment maker ahead of Ericsson and Nokia, has said Beijing has no influence over its operations.
Earlier this year, two U.S. 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.
Republican Sen. Marco Rubio and Democratic Sen. Mark Warner want Canada to follow the U.S. and Australia and block Huawei from supplying equipment that would connect Canadians to the high-speed mobile network known as 5G.
CBC News has reached out to representatives of Huawei and has been told a statement is forthcoming.