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Wednesday, 17 April 2024
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Canada spy agency warned of 'shock waves' from arrest of Huawei founder's daughter

Canada’s intelligence agency warned that arresting the daughter of billionaire Huawei founder Ren Zheng would set off global “shock waves” and seriously affect ties with China, just before her detention in Vancouver on a U.S. extradition request, new court documents show.

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Released on Friday, the documents show the involvement of the Canadian Security Intelligence Service (CSIS) in the December 2018 arrest of Meng Wanzhou, which soured diplomatic ties between Ottawa and Beijing.

Meng is chief financial officer of China tech giant Huawei Technologies Co Ltd, the company at the center of next generation 5G wireless technology and a long-running dispute the administration of U.S. President Donald Trump.

A CSIS report was disclosed in the court documents as part of Meng’s extradition proceedings. In a redacted Dec. 1, 2018 memo, CSIS said it was advised by the U.S. FBI of plans to arrest Meng when she arrived on a flight to Vancouver International Airport later that same day.

“The arrest is likely to send shockwaves around the world,” CSIS said. “The planned event will be of great consequence internationally and bilaterally,” the report said.

Huawei lawyers called the documents proof that authorities had conspired against Meng.

Meng is accused by U.S. authorities of bank fraud for misleading HSBC about Huawei’s relationship with a company operating in Iran, putting HSBC at risk of fines and penalties for breaking U.S. sanctions on Tehran.

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Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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