Sunday, December 9, 2018

CHINA'S THREATS OVER MENG FRAUD CHARGES

   China summoned the Canadian ambassador to protest the detention of a top executive of leading Chinese tech giant Huawei, calling it "unreasonable, unconscionable, and vile in nature" and warning of "grave consequences" if she is not released.
    The U.S. alleges that Huawei used a Hong Kong shell company to sell equipment in Iran in violation of U.S. sanctions. It also says that Meng and Huawei misled American banks about its business dealings in Iran.
    In urging the court to reject Meng's bail request, Gibb-Carsley said the Huawei executive had vast resources and a strong incentive to bolt: she's facing fraud charges in the United States that could put her in prison for 30 years.
  The hearing will resume Monday after Meng spends the weekend in jail.

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