Meng Wanzhou faces US accusations she misled multinational banks about Huawei’s control of a company operating in Iran.
Meng Wanzhou, the chief financial officer of China’s telecom giant Huawei, has argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while jailed in Canada, along with other factors, according to court documents.
The release of the documents on Sunday came as China‘s foreign ministry summoned the United States‘ ambassador to protest Meng’s arrest at Washington’s behest. It demanded the cancellation of the arrest order.
The 46-year-old, who is is in custody awaiting a Canadian court’s decision on bail on Monday following her arrest on December 1 in Vancouver, faces US accusations that she misled multinational banks about Huawei’s control of a company operating in Iran.
This deception put the banks at risk of violating Washington’s sanctions and incurring severe penalties, the court documents said.
The arrest has infuriated Beijing, which demanded Meng’s immediate release, and stoked tensions during the trade war truce between the US and China, the world’s two largest economies.
The arrest has roiled global markets as investors are worried it could torpedo attempts to thaw trade tensions between Washington and Beijing.
In a sworn affidavit, Meng, the daughter of Huawei’s founding president Ren Zhengfei, said she is innocent and will contest the charges at trial in the US if she is handed over to the country by Canada.
Meng said she was taken to a hospital for treatment for hypertension after being arrested. She cited hypertension as a factor in a bail application seeking her release pending an extradition hearing. She also said she has long-standing ties to Vancouver dating back at least 15 years, as well as significant property holdings in the city.
Her family also sought leave to remain in Vancouver if she was granted bail, according to the court documents, with her husband saying he plans to bring the couple’s daughter to Vancouver to attend school during the proceedings.
China hits back
Earlier on Sunday, Vice Foreign Minister Le Yucheng summoned US Ambassador Terry Branstad a day after he called in Canadian envoy John McCallum to voice China’s displeasure.
“Le Yucheng pointed out that the US side has seriously violated the legitimate rights and interests of Chinese citizens, and the nature of the violation is extremely bad,” the foreign ministry said in a statement.
“The Chinese side firmly opposes this and strongly urges the United States to attach great importance to China’s solemn and just position,” it said.