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Russian Federation says detention of China’s Huawei CFO shows United States arrogance

Russian Federation says detention of China’s Huawei CFO shows United States arrogance

Meng faces charges of fraud in the United States for allegedly misrepresenting Huawei's relationship with Hong Kong-based Skycom, according to evidence read in court on Friday.

Meng was arrested in Vancouver on December 1 while transferring planes on a trip from Hong Kong to Mexico, at the request of U.S. authorities seeking her extradition. Meng's arrest is reportedly related to a USA investigation into a plot to use the global banking system to bypass stateside sanctions against Iran, according to Reuters.

Gibb-Carsley told the hearing that Reuters reported in 2013 that Huawei was operating Skycom, triggering Huawei executives including Meng to allegedly make a series of misrepresentations.

A Canadian court must decide if there is sufficient evidence to support the extradition, but then it is left to Canada's justice minister to sign the order.

Meng's lawyer, David Martin, disputed the prosecutor's call to deny bail, saying, "The fact a person has worked hard and has extraordinary resources can not be a factor that would exclude them from bail".

American officials are attempting to prevent Meng Wanzhou from being bailed from a Canadian court after she was charged with conspiracy to defraud multiple financial institutions between 2009 and 2014.

Meng was arrested in Vancouver on December 1 while transferring planes on a trip from Hong Kong to Mexico at the request of United States authorities seeking her extradition. This is also believed to have helped Huawei "circumvent USA sanctions by telling financial institutions that a Huawei subsidiary was a separate company".

From 2009 to 2014, the court heard, Huawei used Skycom to transact business in Iran despite U.S. and European Union bans.

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In response to a specific question about Meng's arrest, Bolton opined about broader criticisms of Chinese technology firms, playing down the importance of Iran sanctions.

The company says she faces extradition to the United States on unspecified charges. Meng was arrested on December 1 while changing planes on a trip from Hong Kong to Mexico.

Gibb-Carsley said the banks were "victim institutions" of fraud by Meng.

Earlier this week, Canadian officials said Ottawa was continuing to review Huawei's technology for use in upcoming fifth generation networks.

He said that the daughter of Huawei founder Ren Zhengfei had substantial financial resources and was a flight risk. He said Meng would agree to wear an ankle monitor. She was widely considered to be his likely successor.

A lawyer representing Meng argued that she would not breach a court order and leave Canada because doing so would humiliate her father, Huawei and "China itself". Chinese Commerce Ministry spokesman Gao Feng said China is confident it can reach a deal during the 90 days that Trump agreed to suspend a scheduled increase in United States import taxes on $200 billion worth of Chinese products. Meng is also known by the names Sabrina Meng and Cathy Meng.

Since then, Huawei has grown into the world's biggest supplier of network gear for phone and internet companies.