U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned

U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned

VANCOUVER/LONDON (Reuters) – Huawei Technologies Co Ltd’s chief financial officer faces U.S. accusations that she covered up her company’s links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition. The case against Meng Wanzhou, who is also the daughter of the founder of Huawei, stems from a 2013 Reuters report about the company’s close ties to Hong Kong-based Skycom Tech Co Ltd, which attempted to sell U.S. equipment to Iran despite U.S. and European Union bans, the prosecutor told a Vancouver court.

Via:: U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned