Caixin
Dec 08, 2018 09:06 AM
BUSINESS & TECH

Update: Huawei CFO Faces U.S. Fraud Charges, Canadian Court Told

Reporters gather outside the Supreme Court of British Columbia in Vancouver on Friday before the bail hearing for Huawei CFO Meng Wanzhou. Photo: Liu Xiaodong/Caixin
Reporters gather outside the Supreme Court of British Columbia in Vancouver on Friday before the bail hearing for Huawei CFO Meng Wanzhou. Photo: Liu Xiaodong/Caixin

(Vancouver, British Columbia) — A senior executive of Chinese tech giant Huawei Technologies Co. Ltd. — arrested in Vancouver on Dec. 1 — has been accused by the U.S. of fraud in connection with a Hong Kong-based company’s bid to sell American goods to Iran, a Canadian prosecutor said at a bail hearing on Friday.

The hearing, in the Supreme Court of British Columbia, was to determine whether Huawei Chief Financial Officer (CFO) Meng Wanzhou would be released on bail before her extradition hearing. The bail hearing was adjourned until Monday.

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