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Huawei CFO back in court Tuesday for third day of bail hearing

Last Updated Dec 11, 2018 at 7:40 am CDT

Summary

Meng Wanzhou wanted due to investigation into fraud, violations against U.S. sanctions against Iran


If extradited and convicted, Meng could face sentences as long as 30 years


VANCOUVER (NEWS 1130) – Huawei’s CFO, wanted on fraud charges in the U.S. will be back in court Tuesday morning for day three of her bail hearing. This is after a judge said he would not be making a decision Monday afternoon.

Meng will be spending at least one more night in police custody.

Meng was arrested last Saturday while in transit at Vancouver’s airport.

At the hearing, the defence is offering $15 million for her bail, $1 million of which would be in cash. While the Crown was satisfied with the amount, it argues $7.5 million should be cash.

Meng’s lawyer David Martin said Meng could possibly put up enough cash to meet Crown’s suggestion.

On Friday, the first day of Meng’s bail hearing, the Crown revealed she is wanted due to an investigation into fraud and violations against U.S. sanctions against Iran.

The U.S. is accusing the company of using subsidiary Skycom to do business with Iran, which would bypass sanctions. Meng is accused to have previously insisted the two were separate companies. If extradited and convicted, she could face sentences as long as 30 years.

On Monday, Scott Filer, CEO of Lions Gate Risk Management, told court his company was contacted by Meng’s lawyers last week to come up with a “supervision plan” if Meng were to be released on bail.

Filer said the plan would include a dedicated driver, and security team that would escort Meng and enforce bail conditions.

The plan would also include a mapped perimeter of where Meng would be allowed to go, and workers would rotate on three eight-hour shifts per day.

When questioned by the Crown, Filer admitted Lions Gate has never monitored someone on bail before, and this would be the company’s first time doing so.

Steve Tan with Recovery Science told court the company has done electronic monitoring in more than 500 of bail cases and is currently monitoring 115 people on bail with GPS ankle bracelets.

Tan says it is possible for someone to force off a bracelet, but an alarm would trigger. However, he told court of one case where someone on bail was able to remove the ankle bracelet and run away, avoiding re-arrest.

On Friday, the Crown argued Meng should be denied bail, claiming she is a flight risk.

On Friday, the judge lifted a publication ban that was in place at Meng’s request, thanks to a lawyer representing several media outlets.

Monday’s court appearance, the second day of the bail hearing, came on the heels of an op-ed in a Communist Party newspaper, calling Canada’s treatment of Meng “inhumane.” It was published in Monday’s Global Times, following formal government protests to the ambassadors of both Canada and the U.S. over the weekend.

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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.

– With files from the Canadian Press