NEW DELHI: Meng Wanzhou, 46, the chief financial officer of the Chinese telecoms giant, was granted bail on Tuesday by a Canadian court, a move that could help soothe Chinese anger over her arrest.
Meng Wanzhou, 46, Huawei’s chief financial officer and the daughter of its founder, faces US claims that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating US sanctions.
In a court hearing in Vancouver, British Columbia, Justice William Ehrcke granted C$10 million (US$7.5 million) bail to Meng, who has been jailed since her on December 1st.
Ms Meng, denies any wrongdoing and has said she will contest the allegations. However U.S. President Donald Trump told Reuters on Tuesday he would intervene in the Justice Department’s case against Meng if it would serve national security interests or help close a trade deal with China.