Huawei CFO Wanzhou Meng arrested in Vancouver, faces extradition to U.S.

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Wanzhou Meng, chief financial officer and deputy chairwoman of Huawei Technologies Co., has been arrested in Vancouver and is facing potential extradition to the American authorities investigate the company for potential violations of Iran sanctions. Canadian Justice Department press representative Ian McLeod confirmed Wanzhou's court hearing is scheduled for Friday. "The ban was sought by Ms. Meng", McLeod said. Meng adopted her mother's surname.

The Wall Street Journal reported earlier this year that United States authorities are investigating whether Huawei violated sanctions on Iran. No other details were available.

Mark Warner want Canada to follow the US and Australia and block Huawei from supplying equipment that would connect Canadians to the high-speed mobile network known as 5G.

The US began an investigation in 2016 to ascertain whether or not Huawei has violated American sanctions against Iran.

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In April, China appealed to Washington to avoid damaging business confidence following the Wall Street Journal report that USA authorities were investigating whether Huawei violated sanctions on Iran amid spiraling technology tensions.

In June, Canada's Globe and Mail newspaper reported that U.S. lawmakers warned the Canadian government that Huawei posed a major cybersecurity risk.

Canadian law enforcers have arrested a top executive at Chinese telecommunications equipment maker Huawei, heeding a request from the US.

Wanzhou Meng, Huawei's chief financial officer, was arrested in Vancouver, British Columbia, Canada today. "The company believes the Canadian and USA legal systems will ultimately reach a just conclusion", it said.

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"At the request of the United States side, the Canadian side arrested a Chinese citizen not violating any American or Canadian law".

The US later replaced the ban with a fine and governance changes.

GCSB Minister Andrew Little said the decision to turn down the overseas network provider was because the technology was too risky - not because the company is Chinese.

Last week, New Zealand's Government Communications Security Bureau (GCSB) rejected a proposal from Spark under which it would have used network access equipment from Huawei to build a 5G network, which it wants to have running in 2020.

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The country has already been warned by United States senators against the use of Huawei in its telecommunications networks.