Canada Grants Bail to Huawei Chief Financial Officer Meng Wanzhou…

The CFO of Huawei has been released on bail pending her extradition hearing to the United States. Ms. Meng will have to wear and ankle monitor and travel with security agents until her next hearing on February 6th.

(Via NBC) A Vancouver judge set a $10 million CAD bail ($7.5 million U.S.) for Huawei Chief Financial Officer Meng Wanzhou Tuesday, capping a week of increasing trade tensions and strong market reactions around the dispute between the Department of Justice and one of China’s largest hardware companies.

The United States had asked the Vancouver court to deny bail for Meng, whose father is a billionaire and a founder of Huawei, calling her a flight risk. Canada has been expected to extradite Meng to the United States over charges that the company improperly took payments from Iran in violation of sanctions against the country.

Meng’s next moves will be closely watched, but it is likely with her corporate and family connections that she will be able to make bail. The $10 million CAD includes $7 million CAD cash and $3 million CAD more from five or more guarantors, presented by Meng and her attorney’s as sureties that she would remain in the country.

As conditions of the bail agreement, Meng must surrender her passports, wear a GPS tracking device and be accompanied by security detail whenever she leaves her residence.

“We have every confidence that the Canadian and U.S. legal systems will reach a just conclusion in the following proceedings,” Huawei said in a statement following the bail hearing. “As we have stressed all along, Huawei complies with all applicable laws and regulations in the countries and regions where we operate, including export control and sanction laws of the UN, U.S. and EU.”  (read more)

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This entry was posted in Auto Sector, Big Government, Canada, China, Communist, Conspiracy ?, Dept Of Justice, Iran, media bias, President Trump, Trade Deal, Uncategorized, US Treasury, USA. Bookmark the permalink.

67 Responses to Canada Grants Bail to Huawei Chief Financial Officer Meng Wanzhou…

  1. rf121 says:

    Money talks so rich folks walk. She ain’t seeing jail time.

    Liked by 6 people

    • Roger Duroid says:

      She will hop on a private jet and be off non stop to china in a week. Passports not needed!

      Liked by 5 people

      • She had at least eight passports, so what makes them think they have ALL of them?
        Notice how China is responding with trade sanctions against Canada. China exposes itself by using trade in political acts. Tariffs for trade, but China never intended its economic growth as a means of prosperity for Chinese people given their history of murdering millions to advance their political agenda, but simply as a weapon.
        Their resistance to trade reform in the face of obvious and egregious practices says everything.

        Liked by 4 people

      • Jedi9 says:

        I seriously doubt it, that would all but admit China’s complicity in their already nefarious business practices that has come under scrutiny of playing by another set of rules! In fact, I really hope that is what happens, leaving no doubt as China’s face being exposed what their real game is!

        Like

      • Sunshine says:

        She’ll disappear. End of story.

        Like

    • kea says:

      Sadly not shocked at all.

      I still say build that wall up north as well

      Liked by 5 people

    • Bob says:

      Hopefully the US Marshal service should pick her up as she leaves jail.

      Liked by 1 person

      • Matt Hay says:

        Why? She was only arrested as a means to derail talks with the Chicoms. Her arrest was a Deep State subversion (I am guessing Kelly knew in consultation with Rosenstein and didn’t tell Team Trump, leaving Kudlow and Navarro flatfooted). Thankfully, the Chinese retaliated and arrested the fmr Canadian Ambassador

        Liked by 2 people

        • We don’t know it was deep state antics intended to derail talks. In fact, one could argue it strengthens P Trump’s hand and sends a signal of seriousness. It certainly didn’t derail China tariffs, just the opposite. China announced lower tariffs on US Car manufacturers.

          Equally plausible is that P Trump gave the green light for her arrest. A warning shot at China that P Trump can’t be pushed around and is serious about protecting US intellectual property/technology. And hold China accountable.

          Very similar to his Syria bombing during his dinner with Premier XI.

          Liked by 1 person

        • PatriotKate says:

          It is also being reported other places that it was a Deep State ploy to derail China talks and that this company, who is heavily involved in the 5G (dangerous) network, was not allowing NSA snooping backdoor technology.

          High stakes games going on.

          Like

    • mike says:

      Clone the tracking device, hire a look-a-like, jet off. Huaweii should have the resources to do it even without CN government resources.

      Like

  2. railer says:

    Next hearing on February 6? I guess the Canadians aren’t intimidated, and are playing along.

    Liked by 1 person

  3. cocomama says:

    The Canadian held in China is connected to Uranium One deal. Hmmmm…..

    Liked by 9 people

    • Newton Love says:

      Doing the deep state Doj, FBI, Mueller, Rosenstain, and the Clintons + their foundation, a big favor for keeping him from any Huber questioning of the captured ex-Ambassador.
      BTW is Huber a fraud?

      Liked by 1 person

    • Interesting… I saw where Alexander Downer (Papadopoulos’s set-up guy & Clinton Foundation $25 Million Aussie facilitator) was formerly on the Board of Huawei.

      Don’t know what that means… but there’s another connection for you.

      Like

  4. Interesting leverage. Time will tell for whom, but I suspect she’s simply a bargaining chip.

    Like

  5. jack says:

    Is she a flight risk?

    Does she ever need to come to travel to the west again?

    What is 6.7 million for a billionaire to get his daughter back?

    I wonder if Canada will turn a blind eye for her escape?

    Will China arrest google employees or apple employees and say they are breaking laws in China to retaliate?

    I still wonder if Trump approves of this treatment of her by the DOJ?

    I guess it’s another tactic in the China/USA trade war!

    Liked by 2 people

    • Jedi9 says:

      “Will China arrest google employees or apple employees and say they are breaking laws in China to retaliate?”

      Why? They are both in the tank for China! Both Google and Apple committed corporate treason long ago against US interests so no, those two are not really bargaining chips.

      The US can start targeting the den of spies in Silicon valley known as the CHICOMS masquerading as students and employees at the tech companies and universities!

      Liked by 2 people

  6. Elric VIII says:

    WTF? If she was arrested on a U.S. extradition order, why is she staying in Canada and posting bail there? She should have been extradited to the U.S. immediately. This stinks to high heaven.

    Liked by 6 people

  7. Hanuman says:

    I am not seeing date for court hearing.
    Then decision, not done deal that Canada will extradite, and appeal if needed..
    Canada may want to see what is DOJ hand

    Like

  8. jeans2nd says:

    Motorola documented Huawei’s theft of IP in 2007. Motorola is now the only 5G supplier who does not use Chinese spying technology in 5G networks.

    Lock her up

    Liked by 3 people

    • railer says:

      Yeah, good for Motorola. They decided long ago that a big push in China required them to sell their soul, and they refused, and pulled back massively from an initial hard push there. I believe their China revenues dropped like 90% or something, but they ate it and chose another strategic direction.

      It’s too bad so many others sold their soul. I have no sympathy for them. They willingly signed agreements with China that Motorola eschewed.

      Liked by 8 people

  9. dianeax says:

    First France, next Canada.

    Liked by 1 person

  10. Stab, the unstoppable hero says:

    If she flees, would that not be good public relations for the Trump Administration pursuing it’s current agenda against illegal Chinese trade practices?

    Liked by 3 people

  11. Publius2016 says:

    Why are people out for blood? This is an alleged “financial crime”…pay the fine and move on…PRISON???

    Liked by 1 person

  12. covfefe999 says:

    Well there’s one good thing, unless she has a passport with a different identity, she will not be entering the US any more. Someone wrote here, and I think I saw it in a news article, that she has a son who is studying in Boston. Not sure if he’s at a university or he’s not out of high school yet. And I’m wondering if she was a pregnancy tourist and had him here so he’s a US citizen.

    Like

  13. Franklin says:

    ”Chinese courts have granted a preliminary injunction to US chip-maker Qualcomm which would effectively ban the majority of older iPhone models from sale in China, in a possible trade war counter attack. ”

    Like

  14. GB Bari says:

    “A Vancouver judge..set..bail…”

    So a (likely) leftwing judge from a leftwing city in leftwing Canada stuck up his middle finger to America (and PDJT). No one should be surprised.

    Unless I’ve missed it, I still havent read of anything that PDJT has said of any major significance on ths matter.

    Like

    • donna kovacevic says:

      Vancouver is full and I mean packed with Chinese people. One would be lucky to see any other white, black, etc, there. They have driven the real estate market up so high, that the ordinary working Canadian can not afford to buy a house. Pathetic. They started the crap with housing in Ontario but thank God it was nipped in the bud quickly. They are rude, only shop in their stores refuse to speak English, only when it is a necessity.I doubt that this coming election Justine and the Liberals will do well in the west coast, which is a good thing.

      Liked by 3 people

      • Peppurr says:

        Yes. I’m from Vancouver (born and raised!) Sold my house there to Chinese (bidding war) and moved out East last yr. Mother, purchased house for her son and grandchildren. . I’m fully aware that they are buying up everything in the Vancouver. And I think Trudeau WILL win out there in the next election. Definitely not Alberta.

        Like

      • Doug Amos says:

        SD is correct about them. We deal with them daily and they complain constantly; always assuming a position of perceived strength and demanding complete submission and satisfaction. When their complaint gets exposed as being a distortion of the facts or incorrect or they realize that they are not going to get something free they immediately terminate the conversation.

        Like

    • czarowniczy says:

      And members of the Chinese community there put up cash and their houses to make up a good portion of the bail. One wonders if her company might reimburse the folks who’d lose their cash/homes were she to split.

      Like

  15. Vor Day says:

    It would sure be interesting to know what President Trump thinks of all this. Not just speculation, which runs the gamut, but what he actual thinks and may be doing / planing on doing.

    Like

  16. Majik says:

    I am surprised that there is little commentary about the Canadian Ambassador to China being held, ostensibly in retribution. Although there are shades of bad actions by the Ambassador, that seems like an act of war.

    Common people in China are watching this as closely as they can, and are reaching outside China for details.

    Like

    • czarowniczy says:

      Korvig’s a former diplomat, it’s not an act of war or violation of diplomatic immunity – it’s a warning shot over Ottowa’s bow. Let’s see if Trudeau blinks.

      Liked by 2 people

      • Newton Love says:

        > “… Let’s see if Trudeau blinks.”

        Let’s see if Trudeau wets his panties and trousers.

        Like

        • czarowniczy says:

          I should have put the ‘(sarc)’ warning there but didn’t think I would have to.
          China’s been flooding Canada, along with other countries, with its spare Chinese for a while now, changing the culture and potentially politics in the targeted countries.
          Right now it’s estimated that 4% and climbing and as Canada’s had a problem with Canadians not replacing themselves they’re trying to pump up their population thru immigration.
          Canadian pols know that Chinese investment in Canada outweighs the Chinese presence so I expect they’re putting on their kneepads as we type.

          Like

        • Dee Paul Deje says:

          He doesn’t blink anymore. His eyebrows will fall off.

          Liked by 1 person

  17. Kent says:

    …$10MM Canadian?…the equivalent of what…a six pack of cokes to the average joey and joanne lunchbucket? That certainly should get their attention and demonstrate the severity of the situation to the culprits….

    Liked by 2 people

  18. ATheoK says:

    “Ms. Meng will have to wear and ankle monitor”

    Odds are the electronic innards were made in China.

    They’ll have the device off and Ms. Meng spirited out of Canada very soon. They’ll find Ms. Meng’s anklet on Canada’s Panda.

    Ya gotta love Canada confiscating Ms. Meng’s passports while claiming she surrendered them. What really gets me is why Canada would think Ms. Meng would have trouble getting new passports from China?

    Liked by 2 people

    • czarowniczy says:

      What gets me is why anyone would think she needs a passport to get into China? Her company has access to Western satellite technology, among other things, she could be seen as a national hero if not asset.
      She’s prevented from going near the airports but a private plane could whisk her outta Canada tout suite.

      Liked by 2 people

  19. Linda K. says:

    She gets bail. We get a reduction to 15 percent from 40 percent in our auto tariffs with China.

    Like

  20. czarowniczy says:

    One of China’s premier ‘sea turtles’. Se’s part of the Chinese community in Canada that’s doing to Canada what Mexico’s doing to the US. I remember fondly the reports of tramp steamers, full to the gunwales with Chinese ‘immigrants’, ramming themselves into Canadian beaches, the immigrants swarming off and demanding asylum.
    The Chinese government starting way, way back got sleepers into the US who wormed their way into positions where they had access to information vital to the Chinese government’s agenda. At the point where they were advanced enough to compromise our IT systems they stole everything they could get their hands on – aided by inside assistance.
    She may flee the country but China has already shown it is ready to play hardball by the obvious move of detaining a former Canadian diplomat. It is not a direct attack on the Canadian government but it’s a helluva opening shot. She may not need to flee as China ramps up the heat on Ottawa.

    Liked by 1 person

  21. Sunshine says:

    She’s not a happy lady. She has a story to tell if she must testify. She’s caught in a corner without any good way out. She’s worth more DEAD than ALIVE.

    Like

  22. Newton Love says:

    And interesting side-by-side of America vice China:

    America has a lot of ongoing and new economic ties to Saudi Arabia. And then Khashoggi was killed. PDJT chose the many American workers (who would work on contracted buys of American exported goods) over the single death of a Saudi citizen working for an American newspaper.

    China has a lot of ongoing and new economic ties to America. And then the arrest of Ms Weng in Canada happened. Xi must choose between stopping all Trade with America, and the arrest of a Chinese Communist Party member.

    It will see what Xi will do, when in less than 90 days, the tariffs on all Chinese imports into the American marketplace will jump to 25%.

    A Chinese curse is “May you live in interesting times.” Xi is living that curse.

    Liked by 1 person

  23. noswamp says:

    China has arrested many an American executive. Its all done on China’s time table. But bail is NEVER given, as far as I can remember. Perhaps home imprisonment, but never bail. Canada has given the princess her freedom. She will NEVER go to America. NEVER. Canadian idiots.

    Like

  24. motreehouse says:

    Like

  25. motreehouse says:

    Like

  26. motreehouse says:

    Like

  27. motreehouse says:

    Like

  28. motreehouse says:

    Like

  29. motreehouse says:

    Former obama NSC member complaining of China’s arrest of His colleague https://www.crisisgroup.org/who-we-are/people/stephen-pomper

    Like

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