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Huawei CFO released on bail for $10M

Huawei CFO released on bail for $10M”

A top executive of Chinese telecoms giant Huawei was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.

USA officials say Meng lied to banks about Huawei's control of Hong Kong-based Skycom - a company that allegedly sold US goods to Iran in violation of USA sanctions against Tehran.

WASHINGTON-U.S. President Donald Trump said on Tuesday he would intervene in the Justice Department's case against a top executive at China's Huawei Technologies if it would serve national security interests or help close a trade deal with China.

The minister said there is now no "explicit indication" of any link between her arrest and Mr Kovrig's reported detention.

Blumenthal then offered one last shot at Trump, saying law enforcement may be "a tool" of "political or diplomatic ends.in other countries, but not in this one".

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The International Crisis Group said it's aware of reports that one of its employees, former Canadian diplomat Michael Kovrig, has been detained in China.

"This is a criminal justice matter", US Trade Representative Robert Lighthizer said on CBS' Face the Nation on Sunday.

Although it is not clear whether there is a link between Meng's case and Kovrig's detention, the timing of his disappearance will no doubt complicate the standoff over the Huawei case.

David Martin told the court that Meng's husband would pledge a total of $15 million, including the value of two Vancouver homes and $1 million in cash, and would live with her to ensure she complies with the court's conditions. The 46-year-old Chinese citizen was detained on December 1 while changing planes in Vancouver on her way to Mexico.

"The actions of the USA have seriously violated the legitimate and legitimate rights and interests of Chinese citizens and are extremely bad in nature", the South China Morning Post quoted China's Vice Foreign Minister Le Yucheng's statement to Branstad. Its website says Kovrig is a senior adviser specializing in China, Japan and the Korean peninsula, and provides advice on foreign affairs and global security issues.

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"And we will go forward and make representations as necessary and continue on a role of having enhanced trade relationships - that just has to be the right thing for us to do for Canada", he added.

Canadian officials say the reason for his detention remains unclear.

While declining to confirm the detention of Michael Kovrig, ministry spokesman Lu Kang said the International Crisis Group, where Kovrig is a Hong-Kong-based analyst, was not registered in China and its activities in the country were illegal. "We are engaged on the file, which we take very seriously, and we are providing consular assistance to the family".

From 2003 to 2016, he worked as a diplomat with stints in Beijing and Hong Kong, among others, according to his profile on LinkedIn.

He said the Chinese government was once again buying large quantities of U.S. soybeans, a reversal after China in July imposed tariffs on USA supplies of the oilseed in retaliation for United States duties on Chinese goods.

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She was ordered to reappear in court on February 6.



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