Huawei executive arrested in Canada for 'violating USA sanctions on Iran'

London skyline

The arrest of Huawei Technologies Co.'s Chief Financial Officer Wanzhou Meng in Canada is linked to potential violations of USA sanctions on Iran by the Chinese company.

Officials in some governments, particularly the United States, have voiced concern that his company is close to the Chinese military and government. According to the Canadian Justice Department, she was arrested in Vancouver on December 1st, the very same day that Donald Trump and Xi Jinping set down to dinner in Argentina.

In a statement, Huawei said Meng was changing flights in Canada when she was detained "on behalf of the United States of America" to face "unspecified charges" in NY.

As there is a publication ban in effect, which was requested by Meng, the department declined to provide any further detail of the extradition.

Ms Meng Wanzhou, who is also the daughter of the company's founder, is wanted for suspected sanctions breaches linked to Iran.

The Globe and Mail reports that US law enforcement agencies allege Ms. Meng tried to evade USA trade embargoes against Iran.

Meanwhile, the substantially more independent South China Morning Post reported today that Meng and her father recently told Huawei employees that strict compliance with regulations was sometimes not financially feasible and could be avoided. The U.S. has also banned all governmental agencies from buying or using Huawei phones or equipment.

"Huawei will be a top three player in the global communications market 20 years from now", Ren, 74, a former People's Liberation Army officer, said back in 1992.

But the damage had been done and the shockwaves rippled across Huawei with United States authorities launching a criminal investigation into alleged violations of sanctions on Iran.

Samsung Galaxy Note 9 Android Pie beta rolls out in the US
The first UI from the company was called TouchWiz, which was then changed to Experience UI and now we are getting the One UI. The newer UI is drastically different from Samsung's usual Android skin and it improves upon numerous lacking features.

Suspected mafia members arrested in coordinated global raids
Wednesday's raids come a day after the new suspected head of the Cosa Nostra and 45 other alleged gangsters were arrested . Officials said by midday of the operation, nearly 4,000 kilos of cocaine and hundreds of kilos of other drugs were seized.

Prince William jokes that Kate looks like a Christmas tree
The British military base in Cyprus is now used for both reconnaissance and bombing missions against ISIS in Syria and Iraq. Kate seemed to be channeling her sister-in-law's style as she arrived in Cyprus wearing wide-legged pants , left.

He has since been proved right with revenue projected to hit 655.9 billion yuan (US$102.2 billion) this year, a jump of 9.3% compared to 2017.

"The company believes the Canadian and USA legal systems will ultimately reach a just conclusion".

It also produces consumer electronics and this year overtook Apple to become the second-largest manufacturer of smartphones in the world, behind Samsung Electronics.

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

Huawei, for its part, has denied sharing information with the Chinese government, as has ZTE.

"What makes Huawei important is that it is a leader in developing technologies that will make China less dependent on US or European suppliers", he said.

USA telecommunications firms fear that partnering with Huawei by allowing it to sell their smartphones would anger the federal government and jeopardize future contracts. New Zealand followed suit in November, but said the issue was a technological one.

The arrest of a Chinese telecom executive in Vancouver is renewing fears of the communist government's ties to the cellular network giant.

Traders said the development smashed hopes surrounding the trade war ceasefire announced by President Trump after talks with his Chinese counterpart at the weekend.

Related:

Comments

Latest news

Good boy: Sully the service dog visits Bush's casket
His body now rests in the US Capitol before it is moved to the Washington National Cathedral on Wednesday for a memorial service. Bush - who became the 43rd President in 2001 - shared a photo on Instagram of Sully lying next to the casket of his late friend.

Pregnant Meghan Markle makes unannounced appearance at college in London
The royal mom-to-be wore a dark outfit for the occasion, while styling her dark tresses down. Meghan showed her support for the cause by reading a attractive poem as part of the event.

SpaceX launches cargo, but fails to land rocket
Unfortunately, SpaceX suffered a malfunction when a grin fin hydraulic pump stalled and Falcone landed out to sea. However, videos show the Falcon 9 rocket booster spinning wildly before taking a plunge into the ocean .

Lawmakers considering stopgap spending measure ahead of government funding deadline
Even some Republicans balk at spending more than the $1.6 billion for fencing and other security improvements already provided. Bush, who died Friday at the age of 94, will be memorialized on Wednesday at the National Cathedral in Washington .

'very strong signals' that China is ready for a trade deal
The economic agreementTrump said he reached with Chinese leader Xi Jinping on Saturday showed signs of unravelling by Tuesday. One Chinese official told Reuters officials were "waiting for the leaders to return" before publicizing details.

India strongly condemns Chabahar terror attack: MEA
A number of Iranian media have reported a vehicle explosion in the largest port city in Sistan-and-Balochistan province, Chabahar. State television broke into its regular broadcast to report the attack, as such assaults are rare in the Islamic Republic.

Fight statistics show Tyson Fury outboxed Deontay Wilder in LA boxing showdown
Fury and Wilder fought out a controversial draw on Saturday night in a bout for Wilder's WBC heavyweight title. Joshua is next scheduled to fight on April 13 next year, although his opponent is yet to be confirmed.

Toddler with rare blood type sparks worldwide search for donor
Florida-based OneBlood , a nonprofit blood center, has now been conducting an worldwide search to find compatible blood donors. Neuroblastoma most often occurs in infants and young children, and accounts for about 6 percent of all cancers in children.

O2 data not working as company has network issues
The problems are UK-wide and O2's Twitter account spent the morning engaging with customers who were having issues with data. Some users have also reported problems with making voice calls, despite claims from O2 that voice services are unaffected.

Twitter Outraged Over Article Labelling Priyanka Chopra 'Global Scam Artist'
What Nick and Pri have is beautiful love. "Very disappointed that the Cut would give anyone a platform to spew such bulls - - t". They tied the knot in two elaborate ceremonies as per the Christian ritual on Saturday and Hindu ritual on Sunday.

Sandra Oh, Andy Samberg to co-host Globes
Samberg and Oh did a test run as co-presenters at the Primetime Emmy Awards in September, which aired on NBC . The news comes just a little over a month before the actual award show.

Google is shutting down Allo, to no one’s surprise
Verizon confirmed its support for Google's RCS and promised to introduce support for the service starting early 2019. Allo users can use the application until March 2019 and export their chat history using instructions posted here.

World's first baby born using uterus transplant from dead donor
Nearly exactly a year after the baby's historic birth, Ejzenberg says she is developing normally and her mother feels "fulfilled". Normal prenatal testing including blood sugar tests and ultrasounds were all done and returned without any abnormalities.

INTERNATIONAL - Duterte jokes about smoking marijuana
Ressa says she will challenge the charges, which include three counts of failure to file returns, and one count of tax evasion. "So I have to catch up with the reading, wala na talagang panahon", he said . "It's too late to change".

West provides no evidence that Iran violated United Nations resolution - Russian diplomat
Accordingly the United Kingdom and France vociferated a closed-door convention of the Security Council to debate the issue. The nuclear deal provides for a lifting of sanctions against Iran in return for curbs on its nuclear activities.

Other news