Huawei CFO Meng Wanzhou of China granted $10 million bail by Canada judge, awaits US extradition hearing
by Xeni Jardin from on (#44T33)
A judge in Canada today granted $10 million bail for Meng Wanzhou, the CFO of China electronics giant Huawei. She has to remain in the Vancouver area, where she has a home. The United States has requested her extradition. China is not happy. Huawai's response follows.
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BBC:
Meng Wanzhou could be extradited to the US to face fraud charges linked to the alleged violation of sanctions on Iran.
A judge in Vancouver set her bail at C$10m (6m; $7.4m) including C$7m in cash.
Meng was arrested in Vancouver on 1 December. Her detention has angered China and threatened to worsen its trade war with the US.
Here is Huawei's official statement on her release, which came out around 6pm ET Tuesday.
