Huawei CFO reportedly arrested in Canada for breaking US-Iran trade sanctions

Huawei finance chief arrested in Canada, faces extradition to US over Iran sanctions – report

Huawei CFO arrested for violating US sanctions on Iran: Canadian media

"While the Commerce Department focused its attention on ZTE, this news highlights that Huawei is also violating U.S. Law", Van Hollen said in a statement. The ban was sought by Meng, who has a bail hearing Friday, he said.

In a statement issued exclusively to the News from Huawei's corporate head office, the company explained how Meng was "provisionally detained by the Canadian authorities on behalf of the United States of America, which seeks the extradition of..."

Huawei said it had little information about the charges and was "not aware of any wrongdoing by Ms Meng". "The company believes the Canadian and U.S. legal systems will ultimately reach a just conclusion".

Huawei said it complies with all laws and rules where it operates, including export controls and sanctions of the United Nations, the US and European Union.

The Wall Street Journal reported earlier this year that US authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran.

Canadian law enforcers have arrested a top executive at Chinese telecommunications equipment maker Huawei, heeding a request from the US.

As of August 2018, USA federal government agencies are barred from purchasing Huawei equipment.

A US judge last month issued an order finding that China's ZTE Corp violated probation imposed in March 2017 when the company pleaded guilty for conspiring to evade USA sanctions by illegally shipping USA goods and technology to Iran.

According to The Globe and Mail, it is alleged that Meng attempted to evade USA trade sanctions against Iran.

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The Embassy of the People's Republic of China in Canada said that it resolutely opposes Meng's arrest and demands her immediate release.

The daughter of Huawei's founder, and the firm's current deputy chair, has been arrested in Canada.

In August, U.S. President Donald Trump signed a bill banning the government's use of Huawei technology based on the security concerns.

Huawei's CFO was arrested in Canada, according to a new report in The Wall Street Journal.

News of the arrest came on the same day that BT announced it would be removing Huawei-manufactured equipment from its 3G and 4G mobile networks.

Huawei later said the HP equipment was ultimately not provided to Iran either by Huawei or Skycom, Reuters said.

Skycom tried to evade USA sanctions against Iran and sell Hewlett-Packard computers to the country's largest mobile phone operator in 2010.

Huawei could not be reached for comment at the time of publication.

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