Canadian Prosecutors Accuse Huawei CFO Meng of Fraud Related to Iran Sanctions

Russian FM Lavrov holds a news conference on the sidelines of OSCE summit in Milan

Huawei CFO wanted by U.S., accused of fraud and bypassing sanctions against Iran

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.

He also responded to the idea that Meng could be found guilty in Canada for being in breach of sanctions the United States has imposed on Iran.

Gibb-Carsley said the warrant for Meng's arrest was issued in NY on August 22.

"And he has assured China that due process is absolutely being followed in Canada and consular access for China to Ms. Meng will be provided, and that we are a rule-of-law country, and we will be following our laws as we have thus far in this matter, and as we will continue to do".

The arrest roiled global stock markets over fears the move could escalate the US-China trade war despite a truce between President Donald Trump and President Xi Jinping last week.

"China plays rough. We need to be on our guard and need to be aware that we're going into a very hard period with China", said David Mulroney, Canada's former ambassador to China. Canadian President Justin Trudeau denied any political motivation and said that his government had no involvement with the police action or the judicial proceedings.

Martin said at the meeting Meng had with a bank that was referred to in a story by Reuters, she explained Huawei owned Skycom for a period of time but it sold the company in 2009.

Google removes 2 popular Android apps that enabled click fraud
It is believed that the CM File manager and Kika keyboard had malicious codes to create fake click impressions via users to generate ad revenue.

He dismissed speculation that Meng's arrest was a deliberate ploy to gain leverage over China in trade talks and said that Trump did not know the arrest was coming.

Huawei's affordable smartphones have made strong inroads in the developing world, but the company has faced repeated setbacks in major Western economies over security concerns. Meng's father is worth $3.2 billion.

Meng has risen up the ranks as the company has grown. While there is some fear that the arrest could hurt talks between the US and China to end the current trade war between the two countries, Canadian prosecutors have called Ming a flight risk and have requested that the court place her in a detention center. These allegedly include forcing American and other foreign companies to hand over trade secrets in exchange for access to the Chinese market and engaging in cyber theft.

Under China's National Intelligence Law, Chinese organizations have to support, assis, and cooperate with state intelligence work.

A woman walks by a Huawei logo at a shopping mall in Shanghai, China on December 6, 2018. China on Thursday demanded Canada release a Huawei Technologies executive who was arrested in a case that adds to technology tensions with Washington and threatens to complicate trade talks. But Trump issued a reprieve, perhaps partly because U.S. tech companies, major suppliers to ZTE, would also have been scorched.

The Trump administration has tightened regulations on high-tech exports to China and made it harder for Chinese firms to invest in USA companies or to buy American technology in cutting-edge areas like robotics, artificial intelligence and virtual reality.

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