The U.S. accuses the detained chief financial officer of the Chinese Tech company Huawei, Meng Wanzhou, fraud, and demand their extradition. US investigators accused the Manager of a company called Skycom business with Iran and sanctions law has been made, said a lawyer for the canadian office of the public Prosecutor on Friday at a hearing in Vancouver. At the court hearing a bail application Mengs was negotiated.

The 46-Year-old should be veiled according to the prosecution, aware of the business relationship between Huawei and Skycom. The company from Hong Kong have made in spite of the existing trade embargo the EU and the USA between 2009 and 2014, transactions with an Iranian telecommunications provider. Meng have concealed banks, that Skycom, de facto, a Huawei subsidiary. The fraud allegation was against them, said the lawyer.

The Huawei Manager, who at the same time, Vice-Chairwoman and daughter of company founder Ren Zhengfei, was arrested last Saturday at the behest of the American authorities in Canada. The specific allegations against them were, as yet, unclear, because there was a lock-in Information. This was, however, revoked in the meantime. Your up to 30 years in prison.

China reacted furiously

daily mirror tomorrow location

for Free order

At the hearing involved the question of whether Meng bail may, for the time being come again. The lawyer for the prosecution, John Gibb-Carsley has urged the court, the application Mengs rejected. Huawei chief financial officer have the funds available to arrange an escape to China, which has no extradition agreement with the United States. Mengs defender David Martin said anyone should be denied because of his wealth the Deposit. Meng stand as prominent in the public focus and will not bring their father, their group and their home country of China by a breach of the bail conditions in disrepute.

In the financial markets of the incident had triggered Concerns about a renewed escalation of the trade dispute between China and the United States, and has led to occasional heavy losses. Beijing had reacted with a furious letter of protest to the arrest of Mengs and called Betkanyon for their release. The Chinese Embassy in Canada, demanded by both Canada and the United States, to correct your “misbehavior immediately,” and Mengs personal freedom. It will take “all measures to protect the legitimate rights and interests of Chinese citizen determined”.

More about

arrest of the Huawei-line to the throne Ms. Meng, and the stock market quake

Ning Wang

The U.S. government, according to the Huawei affair, not charged to the negotiations in the trade dispute, however. “The China-discussions are going well!”, tweeted US President Donald Trump on Friday morning. His top economic adviser, Larry Kudlow said on the US broadcaster CNBC, the arrest was not an obstacle in the talks with China. The world’s two largest economies, have been available for months due to trade issues in the Clinch. Shortly before Meng’s arrest, they had agreed to a 90-day castle of peace, in order to avoid further escalations for the time being. (dpa)