Mubasher: Huawei’s CFO Meng Wanzhou was arrested in Canada, and she faces extradition to the US.

Meng, the daughter of the founder of the telecoms giant Ren Zhengfei, was apprehended in Vancouver on 1 December, Canadian Justice Department spokesman Ian McLeod said.

Meng, who serves also as deputy chairwoman its board, “is sought for extradition by the United States, and a bail hearing has been set for Friday,” McLeod added.

She was arrested on behalf of the US, when she was transferring flights in Canada, and she faces unspecified charges in the Eastern District of New York,  a spokesperson for the Chinese company said.

The US Justice Department was investigating whether Huawei breached the sanctions against Iran, the Wall Street Journal reported in April.

“The company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng,” the spokesperson said,

The company believes that legal systems in Canada and the US would eventually reach “a just conclusion,” the spokesperson added, noting that “Huawei complies with all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU [European Union].”

A spokesperson for the Chinese embassy in Canada released a statement calling on the US and Canada to “immediately correct the wrongdoing and restore the personal freedom of Ms. Meng Wanzhou.”