Share

WATCH: Huawei CFO arrested in Canada

Beijing - Chinese telecoms giant Huawei said on Thursday it was unaware of any wrongdoing by its chief financial officer, who was arrested in Canada and faces extradition to the United States.

Canada's justice ministry said Meng Wanzhou, the daughter of company founder Ren Zhengfei, was arrested in the western city of Vancouver on December 1.

The ministry said she faces a bail hearing on Friday but it did not provide further details about the case.

Meng, who was transferring flights in Canada when she was "provisionally detained", faces "unspecified charges" in the Eastern District of New York, Huawei said.

"The company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng (Wanzhou)," Huawei said in a statement.

"The company believes the Canadian and US legal systems will ultimately reach a just conclusion," it said.

"Huawei complies with all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU."

The Wall Street Journal reported in April that US authorities had opened an investigation into suspected violations of Iran sanctions by Huawei.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.21
+0.0%
Rand - Pound
23.95
+0.0%
Rand - Euro
20.57
-0.1%
Rand - Aus dollar
12.50
-0.1%
Rand - Yen
0.12
+0.2%
Platinum
910.70
-0.2%
Palladium
998.50
-0.7%
Gold
2,317.45
+0.1%
Silver
27.15
-0.0%
Brent Crude
88.02
-0.5%
Top 40
68,574
0.0%
All Share
74,514
0.0%
Resource 10
60,444
0.0%
Industrial 25
104,013
0.0%
Financial 15
15,837
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders