Aressted Huawei Exec Granted Bail in Canada

1 minute read
| News

A Canadian court granted bail to Meng Wanzhou, Huawei’s Chief Financial Officer (CFO), on Monday. She left jail following 10 days imprisonment. The arrest followed a request from the U.S, which is trying to extradite Ms. Meng.

huawei logo

Granted Bail

Ms. Meng was granted C$10 million ($7.5 million) bail in a court hearing in Vancouver, British Colombia (via Reuters). She must now wear an ankle monitor and stay at home between 11 p.m. and 6 a.m. Five friends also pledged money and property equity as a guarantee that she will not leave Canada.

Ms. Meng is the daughter of Huawei CEO and founder Ren Zhengfei. Canadian police arrested her on December 1st at the request of the U.S. government. The Canadian Justice Minister will now decide whether there is a case to extradite Ms. Meng to the U.S. There she would face charges of conspiracy to defraud multiple financial institutions and could be imprisoned for 30 years.

Trump Could Stop Extradition

U.S. President Donald Trump said he would intervene if the arrest and potential extradition caused national security issues or stopped a trade deal between the U.S. and China. Chinese foreign ministry spokesman Lu Kang said: “We have already made clear our position to the United States and Canada, who should immediately correct their mistake and release Meng Wanzhou. Any person, especially if it is a leader of the United States, or a high-level figure, who is willing to make positive efforts to push this situation toward the correct direction, then that, of course, deserves to be well received.”

3
Leave a Reply

Please Login to comment
2 Comment threads
1 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
2 Comment authors
MacHeritagegeoduck Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
newest oldest most voted
Notify of
MacHeritage
Member
MacHeritage

Aressted? What is the meaning of that word or is this a spelling error and should be Arrested? 😉 ————————- Actually geoduck, basically speaking the president can do whatever he wants. The only time he can’t is when Congress says so and that normally follows with impeaching the president. Look at the things the Clintons, Bush’s and Obama have done without anyone stopping them. Yeah, they can do whatever they want. What is legal only applies to the masses. I see this as part of Trumps trade deals with China. The governments do this kind of thing all the time… Read more »

geoduck
Member
geoduck

Trump’s offer to step in and ‘fix’ the situation only proves two things: First that he has no idea of what it is legal for the President to do and not do. A criminal indictment is a Justice Department matter. The President does not have authority to make it go away. Indeed attempting to do so may be an indictable offense. The second thing this proves is that this whole situation is a mafiosi style strong arm tactic by Trump. The Godfather has a disagreement with someone, so he kidnaps their child to apply pressure. It in and of itself… Read more »

MacHeritage
Member
MacHeritage

I replied to you above but put it in the wrong place I guess.