The CFO and daughter of the founder of Huawei has been arrested in Canada and is expected to be extradited to the U.S. on charges of doing business with Iran which is under U.S. sanctions.
Huawei's CFO Arrested at U.S. Request, Sparking Outrage in China
Huawei Technologies Co.’s chief financial officer was arrested in Canada over potential violations of U.S. sanctions on Iran, provoking outrage from China and complicating thorny trade negotiations just as they enter a critical juncture.Wanzhou Meng — also deputy chairwoman and the daughter of Huawei’s founder — faces extradition to the U.S., said Ian McLeod, a Canada Justice Department spokesman, declining to elaborate. She was arrested Dec. 1 after the U.S. Department of Justice in April opened an investigation into whether the leading telecommunications-equipment maker sold gear to Iran despite sanctions on exports to the region.