Tuesday, December 11, 2018

HUAWEI CFO RELEASED ON BAIL

  Huawei finance chief Meng Wanzhou’s plea to be released on bail was approved by a Canadian court Tuesday.
   Justice William Ehrcke of the British Columbia Supreme Court said the Chinese executive could be released after posting millions of dollars in bail and agreeing to a stringent monitoring program proposed by her lawyers.
  Meng has been held by Canadian authorities since her December 1st arrest in Vancouver. American authorities are seeking to have her extradited to the U.S. to face charges of deceiving banks in order to skirt Iran sanctions.

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