Huawei's global chief financial officer arrested in Vancouver

  • Huawei's global chief financial officer arrested in Vancouver

Huawei's global chief financial officer arrested in Vancouver

Canada has arrested Huawei's global chief financial officer in Vancouver, where she is facing extradition to the United States, Canada's Department of Justice said on Wednesday (Dec 6).

The probe is reportedly being run out of the US attorney's office in Brooklyn, the sources said.

The Wall Street Journal reported in April that US Department of Justice had opened an investigation into suspected violations of Iran sanctions by Huawei.

Meng Wanzhou, daughter of company founder Ren Zhenfei, and a vice chair of Huawei Technologies.

"At the request of the USA side, the Canadian side arrested a Chinese citizen not violating any American or Canadian law".

He declined to say more about the case, citing a publication ban requested by Ms Meng and ordered by the courts.

Canada has arrested a senior staff member on Huawei's global executive team on suspicion she violated U.S. sanctions against Iran. She was detained while transferring between flights, the firm said.

USA authorities have suspected Huawei's alleged involvement in Iranian sanctions violations since at least 2016, when the US investigated ZTE Corp., Huawei's smaller Chinese rival, over similar violations.

In a statement, Huawei said it complied with "all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU". "Americans are grateful that our Canadian partners have arrested the Chief Financial Officer of a giant Chinese telecom company for breaking USA sanctions against Iran".

Huawei, the world's biggest network equipment maker ahead of Ericsson and Nokia, has said Beijing has no influence over its operations.

The US later replaced the ban with a fine and governance changes.

The Wall Street Journal reported the USA government was trying to persuade companies in allied countries to avoid Huawei.

The news comes the same day Britain's BT Group said it was removing Huawei's equipment from the core of its existing 3G and 4G mobile operations and would not use the Chinese company in central parts of the next network.

Canada, Australia and New Zealand were among the nations to ban the use of Huawei's equipment due to security concerns.

Skycom was described by Huawei as one of its "major local partners", although the Chinese company said neither it nor Skycom ultimately provided the HP equipment.