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Huawei executive Meng Wanzhou released on bail in Canada | Huawei executive Meng Wanzhou released on bail in Canada |
(35 minutes later) | |
The chief financial officer of Chinese telecoms giant Huawei has been granted bail by a Canadian court. | The chief financial officer of Chinese telecoms giant Huawei has been granted bail by a Canadian court. |
Meng Wanzhou was arrested on 1 December and could be extradited to the US to face fraud charges linked to the alleged violation of sanctions on Iran. | |
A judge in Vancouver set bail at C$10m (£6m; $7.4m). She will be under surveillance 24 hours a day and must wear an electronic ankle tag. | |
Ms Meng, 46, is the daughter of Huawei's founder. | |
Her detention has angered China and soured its relations with both Canada and the US. | |
At the three-day bail hearing in Vancouver, her lawyers sought to provide guarantees that she would not pose a flight risk if released. The application was opposed by Canadian prosecutors. | |
Ms Meng is accused in the US of using a Huawei subsidiary called Skycom to evade sanctions on Iran between 2009 and 2014. | |
US prosecutors say she had publicly misrepresented Skycom as being a separate company and deceived banks about the true relationship between the two companies. | |
Ms Meng has denied any wrongdoing and said she will contest the allegations. | |
China had threatened severe consequences unless Canada released the Huawei executive. | |
Earlier on Tuesday it emerged that a Canadian former diplomat had been detained in China. | |
Michael Kovrig's current employer, The International Crisis Group, said it was working for his prompt release. There has been no official word from China about his whereabouts. | |
Prime Minister Justin Trudeau said Canada was in direct contact with Chinese authorities concerning the case. | |
Mr Kovrig previously worked as a diplomat in Beijing, Hong Kong and at the UN in New York. | |
Canadian officials said there was no "explicit indication" of any link between Mr Kovrig's reported detention and the arrest of Ms Meng. |