
NEWS
CFO of China's Huawei freed on bail, leaves courthouse
15:45 December 12, 2018 Reuters
A top executive of China's Huawei on Tuesday evening left the courtroom after being released on bail by a Canadian court while she awaits a hearing for extradition to the United States, a move that could help placate Chinese officials angered by her arrest.Meng Wanzhou, 46, Huawei's chief financial officer and the daughter of its founder, faces U.S. accusations that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating U.S. sanctions.