Canada arrested the chief financial officer of Huawei on suspicion of violating US sanctions against Iran, according to The Globe and Mail. The CFO, Meng Wanzhou, was arrested in Vancouver on Saturday at the request of US law enforcement and is facing extradition to the US.
It’s an extremely high-profile arrest, the first major break in a probe that has mostly been kept from the public and only after long-harbored suspicions about Huawei have become widespread. Meng happens to be the daughter of Huawei’s founder and CEO Ren Zhengfei, a former People’s Liberation Army engineer whose connection to the Chinese Communist Party has contributed to the suspicions of US intelligence agencies. Meng also serves as deputy chair on Huawei’s board.
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