Judge grants $10M bail for Huawei executive facing possible extradition to U.S.
VANCOUVER — A top executive at Chinese tech giant Huawei has been released on $10 million bail and must agree to wear an electronic tracking device while she is also monitored by two employees of a company that provides surveillance using former police and military personnel.
Meng Wanzhou, 46, is facing possible extradition to the United States on allegations she misled financial institutions about business Huawei did with Iranian telecommunications companies in violation of international sanctions. Meng has denied the allegations through her lawyer in court, promising to fight them if she is extradited.
Justice William Ehrcke of the Supreme Court of British Columbia said Tuesday he is satisfied Meng, a well-educated businesswomen with letters of reference, does not pose a flight risk and her detention is not required to ensure she attends court.
He placed 16 conditions on her release, including that she remain at her home in Vancouver between 11 p.m. and 6 a.m. unless she gets prior written permission from her bail supervisor or from the court or for medical reasons, and that she surrender her two passports and any travel documents.