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Huawei's CFO Is Being Accused of Fraud, and Her Main Defense Is a PowerPoint (theverge.com)
"Today, a bail hearing was held for Huawei's chief financial officer, who was arrested in Canada on Saturday at the request of U.S. law enforcement," reports The Verge. "The CFO, Meng Wanzhou, is facing extradition to the U.S. for conspiring to defraud banking institutions, according to the Star Vancouver." The Verge reports that her main defense is "a PowerPoint presentation that Meng had once given to explain to a bank in Hong Kong that Huawei had not violated any U.S. sanctions." From the report: Many lined up to see Meng's bail hearing today, after the extremely high-profile arrest that signified the first major break in a U.S. probe that has mostly been kept from the public. The U.S. has an arrest warrant out for Meng that was issued by a New York court on August 22nd. It has 60 days from the time of Meng's arrest on Saturday to provide Canadian courts with evidence and intent.
Meng served on the board for a Hong Kong-based company called Skycom, which allegedly did business with Iran between 2009 and 2014. U.S. banks worked with Huawei at this time, so Iran sanctions were violated indirectly, and Meng therefore committed fraud against these banks. Skycom reportedly had connections to Huawei and at the bail hearing today, Gibb-Carsley argued that Skycom was an unofficial subsidiary of Huawei's, using the same company logo. "Huawei is SkyCom," he said, "This is the crux, I say, of the alleged fraud." The hearing also examined whether Meng would be a flight risk if she was granted the $1 million bail, part of the argument Gibb-Carsley was pushing. "Defense lawyer Martin responded by explaining the Chinese emphasis on saving face, and how Meng wouldn't want her father and Huawei to look bad. Even more than that, 'she would not embarrass China itself,' Martin said."
Meng served on the board for a Hong Kong-based company called Skycom, which allegedly did business with Iran between 2009 and 2014. U.S. banks worked with Huawei at this time, so Iran sanctions were violated indirectly, and Meng therefore committed fraud against these banks. Skycom reportedly had connections to Huawei and at the bail hearing today, Gibb-Carsley argued that Skycom was an unofficial subsidiary of Huawei's, using the same company logo. "Huawei is SkyCom," he said, "This is the crux, I say, of the alleged fraud." The hearing also examined whether Meng would be a flight risk if she was granted the $1 million bail, part of the argument Gibb-Carsley was pushing. "Defense lawyer Martin responded by explaining the Chinese emphasis on saving face, and how Meng wouldn't want her father and Huawei to look bad. Even more than that, 'she would not embarrass China itself,' Martin said."
Welcome to America, the land of kidnapping. This is no different from Somali pirates taking hostages for ransom
You have no concept of how great America is. Those Somali losers have to go do their own kidnapping; the USA simply has to ask others like Canada (again) to do it for them
Pain is merely failure leaving the body
Are you a Canadian Citizen?
If she committed a crime, whhttps://news.slashdot.org/story/18/12/07/2315243/huaweis-cfo-is-being-accused-of-fraud-and-her-main-defense-is-a-powerpoint#y do you apologize? How are you so sure she did not commit a crime?
Do you think corrupt leaders of state run business in China would be a better partner and protector of your freedom in Canada than the United States?
As someone who is a good friend and admirer of Canada, your comment bothers me.
For more than 100 years Canada and the United States have been partners against all types of dictatorships and evil. So the partnership continues and it is good for everyone. Perhaps Canada has a smaller population than the United States, but we are partners and we are in this together. The world is evil. Communist China is evil. If you deny this, then I wonder if you are really paying attention to how China controls its people.
There is proof, and SHE blocked us from seeing it so it must be super bad.
Guilty.
This is how kangaroo courts work.
In real world fair courts, the accused should be given a chance to review the evidence for the crime, formulate a defence with lawyers, and have all shown to the judge in the courtroom.
Only in America do you routinely parade so-called evidence in the media before the accused have any chance to review and refute them, basically having the mob decide the accused is guilty before the case even see the courtroom.
Yeah, right, having the American mob decide she is guilty is exactly what this whole farce is about.
“Xi has thrown thousands of political enemies in Jail for fraud and money laundering charges“
See, fixed that for you.
Shouldn't the requirement for SC judges be a little bit higher than just "He isn't a convicted criminal because the investigation was intentionally limited to not look into the things he was accused of."?
Like, if you were looking for a regular office job the circumstances around him and his behavior during the interview would be enough to not hire him and go for someone else instead.
Kavanaugh got the job based on his previous statements that the President should be allowed to get away with crimes.
The FBI interviewed several people. Everyone they interviewed on Kavanaugh's side backed him up. Everyone on Ford's side either couldn't help, contradicted her, or indicated they didn't believe her. Her own family refused to talk to the FBI. It was intentionally limited because the Democrats wanted an open, never-ending investigation like they're doing over the "Russia collusion" investigation.
Kavanaugh got the nomination because he was one of the most moderate options under consideration (least likely to overturn Roe v. Wade) and he was Kennedy's pick. But keep it up with the conspiracy theories.