The past week has been arrested, is chief financial officer of the Chinese technology group Huawei, Meng Wanzhou, is accused of fraud. US investigators accused the Manager of a company called Skycom business with Iran and sanctions law has been made, said a lawyer for the canadian Prosecutor at a hearing in Vancouver.

Huawei-Manager, who is also the daughter of company founder Ren Zhengfei, was arrested last Saturday at the behest of the American authorities in Canada. The specific allegations against them were, as yet, unclear, because there was a lock-in Information. This was, however, revoked in the meantime.

Accordingly, the U.S. Department of justice, the Huawei chief financial officer accuses a “conspiracy to fraud” at several financial institutions. Meng have personally denied it to US banks that the company have to do SkyCom something with Huawei, even though it was SkyCom a Huawei offshoot. SkyCom shall have violated according to the figures, in the years 2009 to 2014 against the Iran sanctions.

At the hearing will have to negotiate about it, if Meng can be released on bail. The representative of the canadian government, urged, however, to discard Mengs application for their release on bail as a flight risk. The group Manager threatened more than 30 years in prison, he said. The decision on their possible extradition to the United States could drag on for months.

China demands release

In the financial markets of the incident has Concerns about a renewed escalation of the trade dispute between China and the United States triggered. Meng’s arrest was effected on the same day that the Trump with the Chinese head of state Xi Jinping on the sidelines of the G20 summit in Buenos Aires, a 90-day stop for new duties had agreed. According to the data of Trumps security adviser John Bolton, the White house was informed in advance about the planned arrest. Bolton said, however, he did not know whether Trump himself was aware of.

The Chinese Embassy had protested then against the arrest of Mengs, and the immediate release of the Manager demanded. Meng did not violate any canadian against U.S. law.

The American broadcaster CNN cited an anonymous US government officials with the Statement that the government in Washington see the arrest Mengs as a way to pressure in trade talks with Beijing. The trading advisors in the White house, Peter Navarro, denied this, however. US President, Donald Trump wrote on Twitter, the trade talks with the authorities in Beijing were “very good”, the case of Meng he went.

security concerns about Huawei

Huawei is with 180,000 employees, is the world’s largest network equipment supplier and the second largest producer of Smartphones. The United States and other Western countries, however, expressed several times in the past security concerns against the company. They fear interference by the government in Beijing, espionage, and the disruption of the national networks.

In the U.S. and Australia, Huawei has been therefore, from the authorities orders excluded. Also in new Zealand, the Chinese network has been excluded supplier due to “significant risks to national security” from the structure of the fast 5G mobile communications.

EU technology Commissioner Andrus Ansip said in Brussels, with a view to Huawei and other Chinese technology companies: “We have to make because of this company.” The companies would have to work together in the development of products “with their secret services”. Their products could then get behind doors, so that Chinese services were given access to them.

The Federal government also stressed the importance of security in network expansion and network infrastructure. A ban on specific manufacturers, but for the time being. In Japan, however, the government wants to accept, according to the media, no products from Huawei, as the Chinese telecommunications equipment supplier ZTE and more reports in public tenders.

Kevin Chung studied literature in Seoul. He is interested in various areas. He can be reached at or 82-2-6956-6698.