Canada arrests Huawei's global chief financial officer in Vancouver [telecom]

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The Globe and Mail reports:

"The Justice Department probe, first reported by the Wall Street Journal  
in April, follows a series of U.S. actions aimed at stopping or reducing  
access by Huawei and Chinese smartphone maker ZTE Corp to the U.S. economy  
amid allegations the companies could be using their technology to spy on  
Americans"

https://tinyurl.com/ycmowoav

https://www.theglobeandmail.com/canada/article-canada-has-arrested-huaweis-global-chief-financial-officer-in/

Canada arrests Huawei's global chief financial officer in Vancouver

Steven Chase - Ottawa
Published December 5, 2018

Canada has arrested the chief financial officer of China's Huawei
Technologies who is facing extradition to the United States on suspicion she
violated U.S. trade sanctions against Iran.

Wanzhou Meng, who is also the deputy chair of Huawei's board and the
daughter of company founder Ren Zhengfei, was arrested in Vancouver at the
request of U.S. authorities.

"Wanzhou Meng was arrested in Vancouver on December 1. She is sought for
extradition by the United States, and a bail hearing has been set for
Friday," Justice Department spokesperson Ian McLeod said in a statement to
The Globe and Mail. "As there is a publication ban in effect, we cannot
provide any further detail at this time. The ban was sought by Ms. Meng.

A Canadian source with knowledge of the arrest said U.S. law enforcement
authorities are alleging that Ms. Meng tried to evade the U.S. trade embargo
against Iran but provided no further details..

U.S. prosecutors in New York have been investigating whether Huawei violated
U.S. sanctions in relation to Iran. News of the probe broke in April 2018
when it was reported by the Wall Street Journal.

Since at least 2016, U.S. authorities have been reviewing Huawei's alleged
shipping of U.S.-origin products to Iran and other countries in violation of
U.S. export and sanctions laws.

The Justice Department probe, first reported by the Wall Street Journal in
April, follows a series of U.S. actions aimed at stopping or reducing access
by Huawei and Chinese smartphone maker ZTE Corp to the U.S. economy amid
allegations the companies could be using their technology to spy on
Americans.

The probe is reportedly being run out of the U.S. attorney's office in
Brooklyn, the sources said. However, a spokesman for the prosecutor's office
in April 2018 declined to confirm or deny the existence of the
investigation.

Ms. Meng is a rising star at Shenzhen-based Huawei, now the world's
second-largest maker of telecommunications equipment. Reuters reported in
2013 that Ms. Meng served on the board of a Hong Kong-based Skycom Tech Co.
Ltd. that later attempted to sell embargoed Hewitt Packard computer
equipment to Iran's largest mobile-phone operator.

At least 13 pages of the Skycom proposal were marked "Huawei confidential"
and carried Huawei's logo. Huawei has said neither it nor Skycom ultimately
provided the HP equipment. HP said it prohibits the sale of its products to
Iran.

-With files from Reuters

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