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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. | 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. | 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. |
US President Donald Trump now says he is willing to intervene in the case. | |
Ms Meng, 46, is the daughter of Huawei's founder and her detention has angered China and soured its relations with both Canada and the US. | |
This comes against the background of an increasingly acrimonious trade dispute between Washington and Beijing. | |
Ms Meng is accused in the US of using a Huawei subsidiary called Skycom to evade sanctions on Iran between 2009 and 2014. | Ms Meng is accused in the US of using a Huawei subsidiary called Skycom to evade sanctions on Iran between 2009 and 2014. |
President Trump told Reuters news agency that he could intervene in the US Justice Department's case against Ms Meng in order to avoid further deterioration in relations with China. | |
"Whatever's good for this country, I would do," said Mr Trump. | |
"If I think it's good for what will be certainly the largest trade deal ever made - which is a very important thing - what's good for national security , I would certainly intervene if I thought it was necessary." | |
Courtroom applause | |
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. | |
US prosecutors say Ms Meng had publicly misrepresented Skycom as being a separate company from Huawei in order to avoid sanctions on Iran. It is also alleged she deceived banks about the true relationship between the two companies. | |
Ms Meng has denied any wrongdoing and said she will contest the allegations. | Ms Meng has denied any wrongdoing and said she will contest the allegations. |
Applause broke out in the courtroom when Justice William Ehrcke granted bail. Ms Meng cried and hugged her lawyers. | |
The judge ordered her to reappear in court on 6 February. | |
After the ruling, Huawei issued a statement, saying: "We have every confidence that the Canadian and US legal systems will reach a just conclusion." | |
China had threatened severe consequences unless Canada released the Huawei executive. | 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. | 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. | 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. | 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. | Canadian officials said there was no "explicit indication" of any link between Mr Kovrig's reported detention and the arrest of Ms Meng. |