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china's ire finally flares as u.s. opens huawei cfo case - clear plastic rolls

by:Cailong     2019-07-25
china\'s ire finally flares as u.s. opens huawei cfo case  -  clear plastic rolls
China threatens Canada, if a senior executive of Huawei Technology Co. , Ltd.
She was not released immediately, stating that her arrest while in transit in Canada was "unreasonable, unreasonable and despicable ".
This is the first operation since Meng Wanzhou was arrested in December.
In a statement Saturday, the foreign ministry said Chinese Vice Foreign Minister Le Yucheng summoned Canadian ambassador to China McCallum to urge Huawei's chief financial officer to be released immediately.
Le told McCallum that the arrest was a serious violation of the legitimate rights and interests of Chinese citizens.
Le said in the statement that the move ignored the law and that Canada should be held accountable if Meng was not released immediately.
Meng was arrested on suspicion of fraud to circumvent sanctions against Iran, which has become a flash in the pan.
Trade tensions between the United StatesS.
The Chinese market is also in turmoil.
On Friday, AmericaS. began a market-
In a court in Vancouver, the Chinese telecom giant has filed a shocking lawsuit accusing Meng of hiding ties between Huawei and Skycom, a company that does business in Iran, A lawyer representing Canada said at a court hearing.
Canada filed the case on behalf of the United States. S.
Want to extradite Meng
Meng, 46, the daughter of Huawei's founder, will spend the weekend in prison after deciding whether to bail.
The case will continue on Monday.
"We will continue to focus on the bail hearing," Huawei spokesman Glenn Schloss wrote in an email statement . ".
"We are confident in Canada and the United States. S.
The legal system will come to the correct conclusion.
Prosecutor John Gibb said Meng was accused of conspiracy to cheat the bank and should not be released on bail because she might run away
Kasley said at a court hearing in Vancouver earlier Friday. Banks in the U. S.
The lawyer said they cleaned up the funds for Huawei, but the financial companies did not know that they were doing business with Skycom in violation of sanctions.
In the deal with the bank, Meng concealed the relationship between Huawei and Skycom. In fact, Skycom employees work for China Telecom --
Gibb-equipment giantCarsley added.
He pointed out that some Skycom staff use Huawei email addresses and employees in Iran use different fixtures depending on whether they are doing Huawei or Skycom work.
Read more about how Huawei's "unofficial" Skycom can help fight sanctions.
The prosecutor objected to giving Meng bail because she was very rich and she could easily pay whatever was needed and then flee.
Since learning of an investigation into her alleged activities, Meng has avoided the United States. S.
Other executives at Huawei also stopped traveling to the United States. S. , he added.
"In order to feel the appeal of bail, we are in a different universe in this case," he said . ".
David Martin, Meng's defense lawyer, said the evidence provided could not prove that she had violated U. S. law. S.
Or Canadian law. U. S.
Martin believes that the sanctions law is complicated and has changed over time, with the exemption of telecom equipment in Iran's sanctions.
A major pillar of the United States. S.
The case was a false statement that Meng allegedly made to an American citizen. S.
The bank was called "financial institution 1 in 2013.
Martin called the company HSBC Holdings Ltd, but questioned Bank of America. S.
Mr Meng misrepresented anything at the financial institution.
"HSBC has extensive experience in trade compliance," he added . ".
Read Bloomberg's quick understanding of Huawei's troubled history in the USS.
Meng was arrested in Vancouver at the request of the United States. S. authorities.
She flew from Hong Kong to Mexico during her stay in the Canadian city.
Meng spends two weeks a year in Vancouver and her family owns the property in the area and she has a 16-year-
Old son of Boston school
Her lawyer, Martin, said she would never violate a court bail order because it would embarrass her father and China.
The incident hit markets where trade tensions between the world's two largest economies have intensified in the next few months.
The move particularly angered China, which demanded her release.
Meng is one of the most outstanding female entrepreneurs in China.
She is the daughter of Ren Zhengfei, the founder of Huawei, and President Xi Jinping has worked hard to make China a leading champion for herself.
There is enough strategic technology. While the U. S.
It is unusual to frequently ask allies to extradite drug lords, arms dealers and other criminals to detain a major Chinese official in this way.
Read more about the risks of the United StatesS.
President Donald Trump in the Huawei case
According to US media reports, between 2010 and 100 million, the alleged transaction involved more than $2014. S.
Evidence filed with the court in Vancouver on Friday: Meng entered the court in downtown Vancouver at 10: 25 a. m. m.
Local time, she wore a green sportswear, accompanied by a lawyer.
She sat in a transparent plastic compartment behind the court.
About 100 people watched from public galleries.
Before the proceedings began, she gave the lawyer a thumbs up.
Throughout the trial, Ms. Meng spent most of her time sitting behind the court, occasionally leaning towards her translation.
On one occasion, the translator came forward to ask the judge to let everyone go slowly so that she could keep up.
The judge agreed.
The hearing in Vancouver is the beginning of Canada's long legal process, and Meng's dispatch to the United States may endS. to stand trial.
Although North American neighbors have a long-term extradition treaty, it may take months or even years to hand over the accused.
If the judge agrees to extradite Meng, she will have multiple opportunities to appeal the sentence. —
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