Meng Wanzhou's rise through the ranks at Huawei

Pauline Gross
December 8, 2018

The United States issued her arrest warrant on August 22, and BC issued a provincial arrest warrant for her on November 30. When financial institutions asked Huawei about the article, Meng allegedly denied Huawei controlled SkyCom.

A spokesman for China's Foreign ministry, Geng Shuang, says that neither the USA nor Canada has provided the country with evidence that the executive has committed a crime.

The news of Meng's arrest roiled global stock markets on fears the move could escalate a trade war between the USA and China after a truce was last week between President Donald Trump and China's leader Xi Jinping.

SkyCom employees used Huawei email addresses and bank records linked the two companies together, and SkyCom was used to engage in business deals with sanctioned countries, including with Iranian telecom companies, the court heard.

Meng is the daughter of Huawei founder Ren Zhengfei, a former Chinese military engineer worth $3.2 billion, according to Forbes magazine.

The Crown argues Meng should be denied bail, claiming she is a flight risk.

Prosecutors told the court that a judge in NY issued a warrant for Meng's arrest in August.

Her appearance at the British Columbia Supreme Court in Vancouver is a prelude to an extradition process that could take months.

It's a case that could have potentially major implications for our country's relationship with China, and we're now finding out why the CFO of Huawei is wanted by the United States.

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On Friday, Beijing nevertheless alleged that Meng, known internally as the "princess" of Huawei and possible heir to the throne, had become a pawn in the dispute.

Meng's lawyer, David Martin, said: "The fact a person has worked hard and has extraordinary resources can not be a factor that would exclude them from bail".

"Neither the USA nor Canada has made any clarification on the reason for the detention so far", he said at the time. The Vancouver Sun reported on Friday that Meng's husband Xiaozong Liu is believed to own at least one luxury home in the city.

This longstanding treaty requires that the offence for which extradition is being sought is also a crime in Canada. A Canadian judge had thrown a gag order over the case, banning reporting on the details.

As China pressures Canada to release her, the detention has also created domestic political fissures with opposition parties expressing frustration over a lack of information from the federal government. "They had been warned, and finally we had to prosecute that", he said.

Huawei is the biggest global supplier of network gear used by phone and internet companies, and has been the target of deepening USA security concerns.

The company faces being shut out of Australia, New Zealand and U.S. 5G rollouts, and British telecom group BT revealed on Wednesday it was removing Huawei equipment from its core cellular network.

"[Huawei] is essentially under the control of the Chinese government", former chief of the Canadian Security Intelligence Service Ward Elcock told CBC.

Other reports by GizPress

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