VANCOUVER (NEWS 1130) – The BC Supreme Court in downtown Vancouver is packed again for the third day of a bail hearing for the CFO of Huawei.
A quick, little recap as we wait for the third day of #MengWanzhou’s bail hearing to begin. @NEWS1130 pic.twitter.com/4NwyqXQOkb
— Monika Gul (@MonikaGul) December 11, 2018
Meng Wanzhou remains behind bars, as the Chinese government continues to demand her release.
If Meng makes bail, it will be to the tune of $15 million — and if the prosecution gets its way, half of that would have to be in cash.
WATCH: Second day of bail hearing for Huawei’s CFO wraps up
The details of what Meng’s release would look like are being laid out in court for the judge to consider. They include wearing an ankle bracelet 24/7 and potentially facing house arrest.
Crown cross examining. Tan testifies their ankle bracelets have SIM cards, similar to cellphones, which relies on 3G network. Can’t guarantee that their equipment can’t be compromised. #MengWanzhou #Huawei @NEWS1130
— Monika Gul (@MonikaGul) December 10, 2018
Filer says their technological equipment relies on communications services. Given #MengWanzhou is CFO of #Huawei, crown asks if the equipment can be interfered with. Filer says Q is outside his expertise but says they have comprehensive system. @NEWS1130
— Monika Gul (@MonikaGul) December 10, 2018
Her lawyers argue the offences Meng is accused of are not that serious and people accused of less have been granted bail.
After some more comments from the defence about why #MengWanzhou’s husband can be the surety, the judge adjourns for he day. The bail hearing for the CFO of #huawei drags into a third day. Court resumes in the morning at 10. @NEWS1130
— Monika Gul (@MonikaGul) December 11, 2018
Meanwhile, the Chinese government is threatening consequences and demanding Meng’s release. It has even compared Meng’s arrest in Vancouver more than a week ago to a kidnapping.
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Earlier this week, an op-ed in a Communist Party newspaper called Canada’s treatment of Meng “inhumane.” It was published in Monday’s Global Times, following formal government protests to the ambassadors of both Canada and the U.S. over the weekend.
On Friday, the first day of Meng’s bail hearing, the Crown revealed she is wanted due to an investigation into fraud and violations against U.S. sanctions against Iran.
The U.S. is accusing the company of using subsidiary Skycom to do business with Iran, which would bypass sanctions. Meng is accused to have previously insisted the two were separate companies. If extradited and convicted, she could face sentences as long as 30 years.
The Crown argued Meng should be denied bail, claiming she is a flight risk.
Crown says charge U.S. pursuing against #MengWanzhou is conspiracy to defraud multiple international financial institutions. If convicted, that could lead to a sentence as long as 30 years. #Huawei
— Martin MacMahon (@martinmacmahon) December 7, 2018
Huawei is the most prestigious tech company in China and was founded by Meng’s father, Ren Zhengfei. The company has said it is not aware of any wrongdoing by Meng.
– With files from the Monika Gul, Martin MacMahon, and the Canadian Press
