Close Menu
Innovation Village | Technology, Product Reviews, Business
    Facebook X (Twitter) Instagram
    Friday, May 9
    • About us
      • Authors
    • Contact us
    • Privacy policy
    • Terms of use
    • Advertise
    • Newsletter
    • Post a Job
    • Partners
    Facebook X (Twitter) LinkedIn YouTube WhatsApp
    Innovation Village | Technology, Product Reviews, Business
    • Home
    • Innovation
      • Products
      • Technology
      • Internet of Things
    • Business
      • Agritech
      • Fintech
      • Healthtech
      • Investments
        • Cryptocurrency
      • People
      • Startups
      • Women In Tech
    • Media
      • Entertainment
      • Gaming
    • Reviews
      • Gadgets
      • Apps
      • How To
    • Giveaways
    • Jobs
    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Business»Meng Wanzhou, Huawei Technologies CFO, Arrested On Suspicion of Violating US Sanctions
    Meng Wanzhou

    Meng Wanzhou, Huawei Technologies CFO, Arrested On Suspicion of Violating US Sanctions

    2
    By Tapiwa Matthew Mutisi on December 6, 2018 Business, economy, Legal, News, People, Technology

    The rile is high because of the shocking arrest of Meng Wanzhou, who is also Huawei Technologies Co Ltd’s Chief Financial Officer.

    Authorities in Beijing raises fresh doubts over a 90-day truce on trade struck between Presidents Donald Trump and Xi Jinping on the day she was detained.

    Canada has apprehended Huawei’s Global Chief Financial Officer in Vancouver, where she is facing expulsion to the United States.

    Meng Wanzhou, who is one of the vice chairs on the Chinese technology company’s board and the daughter of company founder Ren Zhengfei, was arrested on December 1 when she was transferring flights. As the arrest suspects on violating US sanctions against Iran, reported by Canadian officials.

    Huawei confirmed the arrest in a statement and said that it has been provided little information about the charges, adding that it was “not aware of any wrongdoing by Ms. Meng.”

    The U.S. authorities have been inquiring Huawei since 2016 for allegedly shipping their products to countries like Iran and others in violation of US export and sanctions laws as reported by certain reliable sources.

    Huawei, one of the world’s largest makers of telecommunications network equipment said it complies with all laws and rules where it operates, including export controls and sanctions of the United Nations, the US and European Union.

    It said in a statement that Meng had been “temporarily detained” and faced unspecified allegations” in the Eastern District of New York.

    The shocking arrest comes just days after President Donald Trump and President Xi Jinping held a meeting in Argentina where they agreed to steps to resolve the ongoing trade war between the world’s two largest economies. US stock futures toppled, following the Asian markets right after the news of the arrest broke.

    Related

    huawei technologies legal Meng Wanzhou network equipment President Donald Trump President Xi Jinping Ren Zhengfei Sanctions telecommunications US
    Share. Facebook Twitter Pinterest LinkedIn Email
    Tapiwa Matthew Mutisi
    • Facebook
    • X (Twitter)
    • LinkedIn

    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

    Related Posts

    How to Save Your Phone When It Falls in Water Before It’s Too Late

    FG Launches Data Protection Academy to Train Workers and Job Seekers on Privacy

    Windows 11 Unveils New Start Menu

    2 Comments

    1. Pingback: Huawei Sues The US For Being Blocked From Selling to Federal Government - spiked

    2. Pingback: Huawei Sues The US For Being Blocked From Selling to Federal Government - BizTechHub

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Copyright ©, 2013-2024 Innovation-Village.com. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.