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| Canada sets $7.5mn bail for Huawei CFO with strict surveillance conditions, curfew & ankle bracelet | |
| (35 minutes later) | |
| A Canadian judge has granted bail to Huawei CFO Meng Wanzhou, arrested 10 days ago in Vancouver. She faces “multiple criminal charges” carrying up to 30 years’ prison sentence if extradited to the US. | |
| Meng’s bail, already steep at C$10 million including C$7.5 million cash, also included five sureties or guarantors. She is required to turn over all passports and travel documents and cannot apply for new documents. Additionally, she must be accompanied by a security detail when leaving her residence and is required to wear an ankle bracelet to ensure she does not leave her residence between the hours of 11pm and 6am. | |
| The Justice Department strongly advised against releasing Meng on bail, pointing to her family’s immense wealth and stating in an affidavit that she had already attempted to evade US arrest warrants for allegedly violating American and EU sanctions. The British Columbia Supreme Court judge also objected to her husband, Xiaozong Liu, serving as her legal custodian, given that he is not himself a legal resident of Canada. | |
| However, the judge acknowledged that Meng has no criminal record in China or elsewhere and that she was arrested on a provisional warrant. The US has not made an official extradition request. | |
| The conditions of Meng’s bail require her to remain in British Columbia and live at one of her Vancouver homes. She must permit the security companies overseeing her monitoring to gain access to that home and pay for all security costs associated with her surveillance. | |
| She is due back in court on February 6. In a statement, Huawei said it had “every confidence the Canadian and US legal systems will reach a just conclusion in the following proceedings.” | |
| Meng faces fraud charges for allegedly using a shell company to violate US and EU sanctions against Iran and allegedly lying to banks about the link between Huawei and its subsidiary Skycom. She has maintained her innocence in an affidavit. | |
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