Chinese telecom executive accused of fraud over Iran sanctions

VANCOUVER — A Chinese telecommunications executive is being accused of fraud by the U.S. government, which wants Meng Wanzhou extradited from Canada to face the charge.

Meng appeared in a Vancouver court today for a bail hearing that was told by the Crown that the United States alleges Huawei Technologies used subsidiary Skycom to do business with Iran, violating sanctions against that country.

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The Crown says Meng is alleged to have said Huawei and Skycom were separate and she allegedly lied to an executive of an unnamed financial institution, which it asserts put the institution at risk.

None of the allegations have been proven in court.

The Attorney General opposed Meng's release on bail.

Meng, the chief financial officer of Huawei, was arrested Saturday while in transit at Vancouver's airport.

Dressed in a dark green sweatshirt and sweatpants, she shook hands with her lawyer, David Martin, and smiled at him after she was led into B.C. Supreme Court by a sheriff.

Huawei is the most prestigious tech company in China and was founded by Meng's father, Ren Zhengfei.

The company has said it is not aware of any wrongdoing by Meng.

A previous publication ban on the case was lifted when the hearing began today.

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