Huawei CFO Meng was granted bail after she was arrested on the allegations of misleading multinational banks and violating US sanctions. She was granted bail in Vancouver 10 days after her arrest. This Happening caused a diplomatic spark. Huawei’s CFO and founder’s daughter Meng Wanzhou faced US claims of Iran company operated by Huawei for misleading banks and risking US sanctions of violation. Meng, who was arrested on Dec 1 was granted bail at a court hearing in Vancouver and it was passed on a hefty amount of 10 million.
The courtroom busted with the loud applause of people when the decision to grant bail was announced. Meng’s reaction was indispensable as she cried and hugged her lawyers. Amongst the various impulsive conditions imposed in her bail suit, one is that the 46-year old should wear an ankle monitor and should no loiter out of her home from 11 pm to 6 am. Her five friends did their best part by pledging in equity and one friend took the guarantee that she will not flee away and stay grounded and available to the US Officials as and when needed.
However, claims are such that Trump might intervene the US Justice Department’s case against Meng if it was found to serve National Security Interests or help clinch a close trade deal with China. On the other hand, China already threatened Canada of the consequences, provided Meng was not released immediately and reports of agitation and protest from all over Beijing were also doing the rounds. The US state department reconsidered issuing the travel warning for its citizens, claimed two sources. These are believed to be the aftermath of the reports were two Canadian citizens were detained in China.