Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Pony AI, WeRide Tumble in Hong Kong Debut Amid Robotaxi Doubts
XAG Bets on Smart Farm Tech as Drone Turf Gets Crowded
Nexperia China Chip Supplies to Soon Resume, Dutch Official Says
LATEST
XAG Bets on Smart Farm Tech as Drone Turf Gets Crowded
Nexperia China Chip Supplies to Soon Resume, Dutch Official Says
China’s eVTOL Makers Turn to Hybrid Power to Boost Range and Cut Costs
Dutch Chipmaker Nexperia Denies Reports of Chinese CEO’s Reinstatement
Pony AI, WeRide Tumble in Hong Kong Debut Amid Robotaxi Doubts
Nexperia Denies Rumors of China-EU Deal to Resolve Dispute Over Control
Tech Brief (Nov. 5): China Blames Netherlands for Turmoil After Nexperia Halts Wafer Supply
Tencent-Backed Mininglamp Technology Doubles in Hong Kong Debut
Nexperia Halts Wafer Supply to Chinese Unit Amid Deepening Spat
Former China Unicom Executive Gets 12 Years for Taking $3.8 Million in Bribes
Huawei’s Bold AI Bet Aims to Fill Nvidia’s Void in China
China’s STAR Market Embraces Unprofitable Tech With $14.6 Billion ESWIN Debut
China Mobile Names China Unicom Chief as New Chairman
MiniMax Unveils M2 Model to Compete on Speed and Cost
Pony AI, WeRide Seek to Raise Combined $1.3 Billion in Hong Kong
Chinese Firms Urged to Fortify Online Brands as Cybersquatting Costs Mount
China Debuts Ultrafast Oscilloscope in Drive to Break Tech Barriers
U.S. Tightens Export Controls to Cover Subsidiaries of Blacklisted Firms
DeepSeek Unveils New Model With Sparse Attention, Slashes API Costs
Chinese Chipmaker Moore Threads Gets Fast Track Approval to $1.1 Billion IPO

By Han Wei, Carrie Zhou and Liu Xiaodong / Dec 08, 2018 04:12 AM / Business & Tech

A courtroom sketch shows Huawei Chief Financial Officer Meng Wanzhou (back right) at her bail hearing Friday in Vancouver, British Columbia. Photo: Jane Wolsak/Canadian Press

A courtroom sketch shows Huawei Chief Financial Officer Meng Wanzhou (back right) at her bail hearing Friday in Vancouver, British Columbia. Photo: Jane Wolsak/Canadian Press

Meng Wanzhou, the chief financial officer of Huawei Technologies Co. Ltd., is accused of fraud offenses and faces an extradition request from the U.S., a bail hearing was told.

Crown counsel told a court in Vancouver the U.S. is seeking Meng’s extradition for offenses linked to violations of a company called Skycom. It’s alleged Huawei used Skycom, an unofficial subsidiary, to transact business in Iran, violating U.S. sanctions in place at the time.

The allegations were detailed at Meng's bail hearing in the Supreme Court of British Columbia on Friday morning. Meng appeared at the court in a dark green sweatsuit without handcuffs.

Meng, 46, is also a daughter of Huawei founder Ren Zhengfei and a deputy chair of the telecom giant. She was arrested Saturday while transiting through Vancouver International Airport for a trip from Hong Kong to Mexico, according to the court hearing.

The court on Friday lifted a publication ban that previously sought by Meng that prevented the release of further details of the arrest.

Read more about Huawei's troubles

Share this article
Open WeChat and scan the QR code