Canada fixes trial of Huawei CFO for 2020

A Canadian court sitting Vancouver has now approved the extradition trial of Meng Wanzhou, Huawei Technologies Co Ltd’s chief financial officer for 2020.

Meng who is also the daughter of Ren Zhengfei, the founder and CEO of the telecoms giant, was arrested earlier this year at the Vancouver Airport.

Canada effected her arrest on behalf of the United States and the country is looking at extraditing her back there to face criminal charges. The US accused Meng of deceiving global banks to process transactions for Huawei to an Iranian technology company in violation of US sanctions on Iran.

Huawei’s lawyers defending Meng have argued that Canadian authorities lacked the evidence that she deceived the banks in any way. They also argued that rights to privacy has been violated by the Canadian Border Services.

The matter has also increased tensions between Canada and China. In a likely retaliation, China arrested to Canadian citizenship for espionage. The country has also banned imports of China’s granola seeds and it has also reviewed pork exports to Canada.

The US who masterminded Men’s arrest is hell-bent in seeing to the extradition.

Three weeks ago, the US executed a wide-reaching ban on Huawei by placing the Chinese company on its ‘Entity List’ meaning the company cannot do business in and with an American companies because it is regarded as a national security risk.

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