Huawei CFO arrested for violating USA sanctions on Iran: Canadian media

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

Canada arrests Huawei global CFO in Vancouver

"She is sought for extradition by the United States, and a bail hearing has been set for Friday".

McLeod says as there is a publication ban in effect and he could not provide any further details.

We'll update you as this story continues.

Meng "was arrested in Vancouver on December 1", a statement by Canada's ministry of justice said.

Earlier this year, Reuters news agency reported that US prosecutors in NY were investigating whether Huawei violated American sanctions against Iran by shipping American-origin products to Iran in violation of USA export and sanctions laws. "The ban was sought by Ms. Meng".

Reuters reported in 2013 that Ms. Meng served on the board of a Hong Kong-based Skycom Tech Co.

Huawei is one of the world's largest telecommunications equipment and services providers.

The arrest comes amid a trade war between the USA and China.

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Huawei has not responded to Global News' request for comment.

The arrest comes as the United States has brought a number of legal cases against Chinese technology firms, with accusations such as cyber-security theft and violations of USA sanctions against Iran. "Americans are grateful that our Canadian partners have arrested the Chief Financial Officer of a giant Chinese telecom company for breaking US sanctions against Iran".

The Wall Street Journal reported the U.S. government was trying to persuade companies in allied countries to avoid Huawei.

Britain's BT Group said on Wednesday it was removing Huawei Technologies' equipment from the core of its existing 3G and 4G mobile operations and would not use the Chinese company in central parts of the new network.

Over the summer, Australia also barred Huawei from providing 5G technology for wireless networks in the country over espionage fears.

This November, New Zealand's government banned its major telecommunications company Spark from using Huawei's equipment, which is described to "have a serious national security risk".

Trump has threatened to raise tariffs on Chinese goods in response to complaints that Beijing improperly pressures foreign companies to hand over technology.

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