Huawei CFO Meng Wanzhou is wanted in the USA on allegations of fraud, a bail hearing in B.C. Supreme Court has been told. The arrest, revealed by Canadian authorities late on Wednesday, was part of a US investigation into an alleged scheme to use the global banking system to evade USA sanctions against Iran, people familiar with the probe told Reuters.
Huawei CFO Meng Wanzhou, 46, who is also the daughter of the company founder, was arrested on December 1 at the request of the United States.
The Attorney General opposed Meng's release on bail.
Dressed in a dark green sweatshirt and sweatpants, she shook hands with her lawyer, David Martin, and smiled at him after she was led into B.C. Supreme Court by a sheriff.
A previous publication ban on the case was lifted when the hearing began today.
Huawei is the most prestigious tech company in China and was founded by Meng's father, Ren Zhengfei.