Ron Paul: Arrest of Huawei exec will leave U.S. powerless & broke

Chinese Tech Exec Faces 30 Years in Prison in U.S., Canadian Prosecutor Says

Huawei exec faces US fraud charges linked to Iran, court hears

The company has said it is not aware of any wrongdoing by Meng.

As a gallery full of worldwide media and concerned locals sat rapt in downtown Vancouver's largest courtroom, a legal argument over whether Ms. Meng should be awarded bail while facing extradition to the United States began delving into the details of a saga that has drawn Canada into a global power struggle between the United States and China, which has called for her release.

Freeland refused to discuss details of the case, citing the imperative of keeping politics out of a live court proceeding - one that clearly has massive geopolitical ramifications.

In mid-August, US President Donald Trump enacted legislation banning government agencies from using services from Huawei and ZTE, along with other Chinese companies.

A prosecutor for the Canadian government urged the court not to grant bail, saying the charges against Meng Wanzhou, the chief financial officer for Chinese telecom giant Huawei, involve USA allegations that Huawei used a shell company to access the Iran market in dealings that contravene United States sanctions.

The hearing was to present arguments for and against releasing Ms Meng while her case proceeds.

The US Department of Justice alleges that Meng allowed Hong Kong-based technology firm called SkyCom Tech to do business in Iran despite economic sanctions against the nation.

The US sparked an global incident when they ordered the arrest of Meng Wangzhou, CFO of Chinese telecom giant Huawei.

She allegedly assured United States banks that Huawei and Skycom were different companies but prosecutors say they were one and the same. A spokesman for China's Foreign ministry, Geng Shuang, says that neither the US nor Canada has provided the country with evidence that the executive has committed a crime.

Chinese Tech Exec Faces 30 Years in Prison in U.S., Canadian Prosecutor Says

Freeland highlighted McCallum's elevated diplomatic status as a former Liberal cabinet minister, and characterized his conversation with the Chinese as positive. "Despite incomplete information about the incident, the U.S. move obviously goes against the consensus reached between the heads of state of China and the USA in Argentina". Meng is accused to have previously insisted the two were separate companies.

"The threat from these companies lies in their access to critical internet backbone infrastructure", she said. "They have had a good conversation with John".

Canadian Prime Minister Trudeau told reporters on December 6 that he had been informed of the arrest a few days ahead of it taking place.

Huawei, he explained, is one company the United States has been particularly concerned about.

Washington's charges against Huawei executive Meng Wanzhou are linked to a 2013 case, it's been revealed - raising the question whether her sudden arrest amid a truce in the US-China trade war is a thinly-veiled sneak attack.

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.

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. So far, New Zealand and Australia have banned the company from their 5G networks; Britain has expressed concerns and is considering measures.

Canadian officials have said Ottawa was continuing to review Huawei´s technology for use in upcoming fifth-generation networks.

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