BREAKING NEWS: Huawei Founder’s Daughter Seized in Canada
Huawei’s global CFO, and daughter of company founder, Meng Wanzhou has been arrested in Vancouver, CA, and faces extradition to the United States for allegedly violating US sanctions against Iran.
This is just the latest negative news to come out about Huawei, and other Chinese companies, who face reports of potential cybersecurity threats they pose to foreign markets.
According to a Canadian Justice Department spokesperson, Meng, who is also one of the vice chairs on Huawei’s board, is due in court for a bail hearing this Friday, December 7.
The US has been investing the Chinese company since 2016 for allegedly shopping US-origin products to Iran and other countries in direct violation of US export and sanction laws.
Justice Department spokesman Ian McLeod stated a publication ban had been imposed in the case, sought by Meng, so he could not provide further details.
The news follows numerous national security concerns floating around the company, leading Australia, the US, and New Zealand, to block Huawei from participating in the respective countries’ 5G network construction.
Huawei issued a statement saying Meng was detained “on behalf of the United States of America” to face “unspecified charges” stating that they are not aware of “any wrongdoing by Ms Meng.”
Huawei insists it complies with all local laws in the countries in which it operates, including export controls and sanctions of the United Nations, the US, and the European Union.
News of the arrest caused immediate protest from the Chinese embassy in Canada, demanding the U.S. and its neighbour “rectify wrongdoings” and release Meng.
This action by the Canadian and US government will likely heighten tensions between Washington and Beijing only days following a truce on their growing trade conflict.
While security concerns continue to emerge against the Chinese company, they remain a popular handset, even if their Mate 20 Pro isn’t being sold in the US as it rolls out across the world it’s being met with general praise.
And with 5G networks about to hit the market in 2019, Huawei and their proprietary 5G chipset may fiddle their way into a permanent place in the market.