Here’s what happens next in the Huawei case, and what it means


Canada’s Department of Justice is now reviewing an application by its U.S. DOJ counterpart on whether or not to extradite Huawei CFO Meng Wanzhou, the daughter of founder Ren Zhengfei, on fraud charges.

Prosecutors for the Eastern District of New York say Meng and Huawei committed fraud by seeking to hide payments made for equipment sold to Iran, a violation of sanctions against that country, from U.S. banks.

Canada’s Department of Justice has a March 1 deadline to decide whether to issue an “Authority to Proceed,” a step which will provide the official go-ahead to begin hearing arguments for and against extradition.

If that is issued, an extradition hearing will be scheduled by the British Columbia Supreme Court, according to a spokesperson for the Canadian Ministry of Justice. Ms. Meng’s next court appearance has been scheduled for March 6, the spokesperson said.

The case has proven highly fraught for Canada, leading to several diplomatic spats with China and the possibly retaliatory arrests of several Canadian citizens living and working in China. Because of this, Canada may have additional incentive to protect its own trade interests with China, making the U.S.’s case for extradition even more tricky.

Source link


Please enter your comment!
Please enter your name here