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Huawei CFO arrested in Canada for violating Iran sanctions

by Handy 06.12.2018
by Handy 06.12.2018 0 comment

Huawei Cfo Arrested In Canada For Violating Iran Sanctions

The recent trade sanctions in the US on Huawei is getting a lot worse. The disputes are currently having deeper, and both the parties are alleging each other with serious charges. In most recent, Canadian law enforcement has arrested Huawei CFO Wanzhou Meng in Vancouver while she was changing her flights. The arrest has been made by Canadian law enforcement at the request of the US above violating the Iran sanctions.

Only minimal details are out yet, but as per few sources, she was arrested on December 1st in Vancouver and will have a first bail hearing on December 7th. Ms Meng has sought a publication ban in the court regarding the whole scenario. Meng Wanzhou aka Sabrina or Cathy Meng serves as CFO and deputy chairwoman of Huawei’s board.

Huawei has clarified in their end that she faces unspecified charges in the New York. Later, other sources claimed that the arrest had been made to investigate whether Huawei violated US sanctions on Iran or not.

Further speaking on the problem!, Huawei spokesperson said, “The manufacturer has been provided Really little reports regarding the charges and is not aware of any wrongdoing by Ms. Meng. The company believes the Canadian and US legal systems will ultimately reach a just conclusion. Huawei complies with all applicable laws and regulations where it works, like applicable export control and sanction laws and regulations of the UN, US and EU.”

On the other hand, the Chinese embassy in Canada issued a statement asking both the United States and Canada to “immediately correct the wrongdoing and restore the personal freedom of Ms. Meng Wanzhou.”

The tensions between the US and Huawei started a several months ago due to allegations of spying by the Chinese government using Huawei’s equipment. Due to the fact then, Huawei is facing operational difficulties in the US and few most countries which includes Australia, Fresh Zealand, etc. Moreover, the US is advising the countries to bare from using Huawei apparatus to introduce fresh telecommunication technologies.

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