In this courtroom sketch, Meng Wanzhou, left, the chief financial officer of Huawei Technologies speaks to her lawyer David Martin during a bail hearing at B.C. Supreme Court in Vancouver, on Monday, December 10, 2018. (Jane Wolsak/The Canadian Press)

UPDATE: B.C. judge grants $10M bail for Huawei executive wanted by U.S.

Meng Wanzhou was detained at the request of the U.S. during a layover at the Vancouver airport

UPDATE: 5:08 p.m.

President Donald Trump says he would consider intervening in the Justice Department’s case against a top Chinese executive if it would be in the interest of U.S. national security and help forge a trade deal with China.

Trump told Reuters in an interview Tuesday at the White House that if he thinks it would be good for what will “certainly be the largest trade deal ever made” he would intervene if necessary.

——————

A Canadian court granted bail on Tuesday to the top executive of Chinese telecommunications giant Huawei. She was arrested at the United States’ request in a case that has set off a diplomatic furor among the three countries and complicated high-stakes U.S.-China trade talks.

A Canadian judge is setting a string of conditions on a top Chinese executive facing possible extradition to the U.S. while releasing her on $10 million Canadian-dollar bail.

Meng Wanzhou is required her to wear an ankle bracelet, surrender her passports, stay in Vancouver and its suburbs and confine herself to one of her two Vancouver homes from 11 p.m. to 6 a.m.

Justice William Ehrcke of the Supreme Court of British Columbia says he is satisfied Meng, a well-educated businesswomen with letters of reference, does not pose a flight risk.

Meng is the chief financial officer of telecommunications giant Huawei and also the daughter of its founder. She was detained at the request of the U.S. during a layover at the Vancouver airport on Dec. 1 — the same day that Presidents Donald Trump and Xi Jinping of China agreed to a 90-day cease-fire in a trade dispute that threatens to disrupt global commerce.

READ MORE: Canada-China relations turn icy over arrest of Chinese exec

The U.S. has accused Huawei of using a Hong Kong shell company to sell equipment in Iran in violation of U.S. sanctions. It also says that Meng and Huawei misled banks about the company’s business dealings in Iran.

On Monday, China detained a former Canadian diplomat in Beijing in apparent retaliation.


Like us on Facebook and follow us on Twitter.

Just Posted

Revelstoke family-owned business makes a deal with a dragon

Shade Sails Canada will be working with Dragon’s Den star Vincenzo Guzzo

Kootenay-Columbia candidates attend Creston Valley Chamber of Commerce 2019 election forum

About 120 people attended the Creston Valley Chamber of Commerce 2019 election forum on Oct. 16 at the Prince Charles Theatre.

LETTER: Do we have to wait until someone freezes to death?

From a Revelstoke resident in support of the proposed cold weather shelter

Province funding $6.5 million for caribou habitat restoration

The money is available through applications for the next three years

Regional district approves proposed Revelstoke adventure park

Ammendments to the Official Community Plan and Zoning Bylaw were needed

VIDEO: First all-female spacewalk team makes history

NASA astronauts Christina Koch and Jessica Meir did work on International Space Station’s power grid

Zantac, the over-the-counter heartburn drug, pulled in Canada, U.S.

Health Canada also investigates possible carcinogen in some ranitidine drugs

Natalie MacMaster makes Okanagan one of two B.C. stops

Queen of the Fiddle in town Oct. 24

Shooters compete in Summerland

Seven youth participants take aim

B.C. public safety minister says cannabis edibles not in stores til January

Mike Farnworth says he wants regional issues considered when it comes to licensing

Greta Thunberg calls for climate action in Alberta, but doesn’t talk oilsands

Swedish teen was met with some oil and gas industry supporters who came in a truck convoy

RDOS cannabis production bylaw goes to public hearing

Hearing on micro cannabis production facilities will be held Nov. 21

Scheer denies spreading ‘misinformation’ in predicting unannounced Liberal taxes

Conservative leader had claimed that a potential NDP-Liberal coalition could lead to a hike in GST

Council asks to limit cruise ship visits to Victoria harbour

Mayor says motion is not meant to curtail current visits or limit local cruise industry expansion

Most Read