Canada Frees Huawei’s CFO on Bail

(From Fox Business)

A top executive of Chinese telecoms giant Huawei Technologies was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.

Meng Wanzhou, Huawei’s chief financial officer and the daughter of its founder, faces U.S. claims that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating U.S. sanctions.

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