Huawei Technologies CFO arrested in Canada, accused of violating Iran sanctions

Huawei Technologies CFO arrested in Canada, accused of violating Iran sanctions

The arrest of Wanzhou Meng, Huawei's chief financial officer and board deputy chair, has been confirmed by the Canadian authorities.

Ian McLeod, spokesperson for Canada's Justice Department, said on Wednesday the arrest took place in Vancouver on December 1.

The ministry added it could not provide further details due to a publication ban that was sought by Meng.

Huawei said it had little information about the charges and was "not aware of any wrongdoing by Ms Meng".

Since at least 2016, US authorities have been reviewing Huawei's alleged shipping of USA -origin products to Iran and other countries in violation of US export and sanctions laws. She is also the daughter of the company's founder, Ren Zhengfei.

The federal Crown prosecutor handling the case declined to comment outside court on the reasons for Meng's arrest, referring questions to the federal Justice Department.

She is reportedly sought by the United States for breaking trade embargo with Iran.

The arrest comes amid a trade war between the United States and China.

The New York Times meanwhile said that the company had been subpoenaed by the Commerce and Treasury Departments over alleged violations of Iran and North Korea sanctions. "Americans are grateful that our Canadian partners have arrested the Chief Financial Officer of a giant Chinese telecom company for breaking US sanctions against Iran".

Huawei is one of China's most prominent technology companies - a huge telecommunications firm, and the world's second-biggest smartphone manufacturer.

The Wall Street Journal reported the U.S. government was trying to persuade companies in allied countries to avoid Huawei.

In August, U.S. president Donald Trump signed an act to ban the use of Huawei components or services that are "essential" or "critical" to the systems they are used.

This November, New Zealand's government banned its major telecommunications company Spark from using Huawei's equipment, which is described to "have a serious national security risk".

For the same reason, Australia's government blocked China's telecom giant Huawei from its 5G mobile network last summer.

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