Huawei CFO arrested in Canada, faces extradition to US

Huawei CFO arrested in Canada, faces extradition to US

Huawei CFO arrested in Canada, faces extradition to US

Huawei released a statement saying its CFO was arrested while changing planes in Vancouver and is facing charges in "the Eastern District of NY".

The chief financial officer of China's global telecommunications equipment giant Huawei has been arrested in Canada and faces extradition to the United States, the ministry of justice said Friday. "The ban was sought by Ms. Meng", the spokesperson wrote.

He said Meng is facing unidentified accusations from the U.S. District Court for the Eastern District of NY.

Huawei said it has received "very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng". "The company believes the Canadian and USA legal systems will ultimately reach a just conclusion", a spokesperson for the company said.

U.S. Senator Ben Sasse praised the action and said that it was "for breaking U.S. sanctions against Iran".

Back in April of this year, multiple reports described how USA authorities were investigating the possibility that Huawei had sold telecommunications equipment to Iran in violation of trade sanctions.

Huawei is one of the world's largest telecommunications equipment and services providers.

Huawei didn't immediately reply to a request for comment from Fortune.

United States officials have been investigated Huawei over alleged violations of the country's sanctions on Iran and are seeking to extradite Meng.

The United States government is set to indict a top executive from Huawei, the Chinese smartphone maker, in a move that could increase tensions between the two countries.

Meng Wanzhou, daughter of company founder Ren Zhenfei, and a vice chair of Huawei Technologies. Mark Warner conveyed "grave concerns" over the possibility that the Chinese government might be using Huawei equipment to spy on and interfere with foreign governments.

In 2016, the Commerce Department sought information regarding whether Huawei was possibly sending USA technology to Syria and North Korea as well as Iran. That probe became public in April, according to the Globe and Mail newspaper, which first reported the arrest on Wednesday.

In May, the Pentagon banned the sale of Huawei phones on military bases.

At least 13 pages of the Skycom proposal were marked "Huawei confidential" and carried Huawei's logo.

Huawei's comments came in response to the FCC's notice of proposed rulemaking (NPRM) for Protecting Against National Security Threats to the Communications Supply Chain Through FCC Programs.

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