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Canada releases Huawei CFO accused of Iran engagement on bail

Tehran, The Canadian court has released the Chief Financial Officer of Huawei Telecommunications Equipment Company who was detained on December 1 for the alleged circumvention of antiIran sanctions.

In a court hearing in Vancouver, British Columbia, Justice William Ehrcke granted C$10 million ($7.5 million) bail to Meng, who has been jailed since her arrest, the UKbased news agency 'Reuters' reported on Tuesday.

'If a Canadian judge rules the case against Meng is strong enough, Canada's justice minister must next decide whether to extradite her to the United States,' Reuters added.

'If so, Meng would face US charges of conspiracy to defraud multiple financial institutions, with a maximum sentence of 30 years for each charge.'

The Canadian media announced earlier that Meng was arrested on US officials' demands.

Following the Meng's arrest, Le Yucheng, Chinese Vice Minister of Foreign Affairs, called on the Canadian ambassador in Beijing to release her as soon as possible.

The US claimed that Huawei has violated Washington's sanctions against Iran.

The Chinese company rejected all allegations in this regard.

Earlier Iranian Foreign Minister Mohammad Javad Zarif had said US act to enter [trade] war with China and even to arrest a senior Huawei executive indicates US frustration rather than its power.

Source: Islamic Republic News Agency IRNA

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