Huawei’s CFO is being accused of fraud, and her main defense is a PowerPoint

After several years of suspicion from the US authorities, Huawei is being tried for fraud. On Saturday, the chief financial officer of Huawei, who was arrested in Canada at the request of a US law enforcement agency, held a bail hearing. According to Star Vancouver Meng Wanzhou CFO is repatriating to the United States to plot to buy a financial institution.

Many people today saw Meng's bail application hearing. High-profile arrest, which means the first big break in the US survey, which is mostly protected from the public. Meng is the daughter of Huawei, the founder and CEO of Ren Zhengfei, an engineer of the People's Liberation Army Army, whose relationship with the Chinese Communist Party contributed to the suspicion of US intelligence agencies. Meng is also the vice chair of Huawei's board of directors.

The United States has an arrest warrant for Meng issued by the New York court on August 22. 60 days have passed since the arrest of Meng on Saturday to provide evidence and intent to the Canadian court


  Huawei Wanzhou attends a bail hearing after being arrested in Vancouver

Jeff Vinnick / Getty Images [19659008] ] Meng was arrested while flying from Vancouver to Hong Kong on his way to Mexico. Canada's John Gibb-Carsley said that although Meng often travels to the United States and has a son who attends a school in Boston, he has not traveled since March 2017, And started to avoid traveling to the United States. United States Department of Justice. However, many Huawei executives were different from Meng after the investigation began.

Meng was a director of a company called Skycom, based in Hong Kong. Currently, US banks have been working with Huawei to indirectly infringe Iran's sanctions, and Meng has committed fraud. Skycom has tied up with Huawei and at a bail hearing, Gibb-Carsley insisted that Skycom is Huawei's unofficial subsidiary and uses the same company logo. "Huawei is SkyCom," he said.

Huawei's remarks on The Verge "have little information about the allegations and do not know Meng's fault.The company has a legal system in Canada and the United States, Huawei adheres to all relevant laws and regulations, including applicable export controls and sanctions laws and regulations of the United Nations, the United States and the EU. "

Huawei and Meng's attorney, David Martin, announced that Meng had announced the powerpoint in 2013 Huawei has referred to the bank in Hong Kong that it has not violated US sanctions.

At the hearing today, Gib investigated whether Meng would be at risk for a flight if he received a million-dollar bail, part of what Kasuri is pursuing. Defense Attorney Martin explained the Chinese emphasis on saving faces and Meng does not want his father and Huawei to look bad. Beyond that, "she will not embarrass China itself," Martin said.

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