Canada Grants Bail For Arrested Huawei CFO Who Faces US Extradition (cnbc.com)
A judge in Vancouver, British Columbia, has set a $7.5 million U.S. bail for Huawei CFO Meng Wanzhou, who was arrested last week on suspicion of violating U.S. trade sanctions against Iran. "The United States had asked the Vancouver court to deny bail for Meng, whose father is a billionaire and a founder of Huawei, calling her a flight risk," reports CNBC. From the report: Canada has been expected to extradite Meng to the United States over charges that the company improperly took payments from Iran in violation of sanctions against the country. Meng's next moves will be closely watched, but it is likely with her corporate and family connections that she will be able to make bail. The $10 million CAD ($7.5 million USD) includes $7 million CAD ($5.2 million USD) cash and $3 million CAD ($2.2 million USD) more from five or more guarantors, presented by Meng and her attorney's as sureties that she would remain in the country. As conditions of the bail agreement, Meng must surrender her passports, wear a GPS tracking device and be accompanied by security detail whenever she leaves her residence.
What's the betting line on whether the next country she goes to is China vs the US?
Your ad here. Ask me how!
At least, that's what I sent.
One cannot be arrested "on suspicion" in Canada, arrest "on suspicion" being reserved for Fascist/Nazi countries. In Canada one may only be arrested "for" something and trial on the thing "for" which one was arrested must follow the arrest.
Huawei CFO facing extradition to US granted bail
By Julia Horowitz, Alberto Moya and Scott McLean, CNN Business
Updated 7:08 PM ET, Tue December 11, 2018
Vancouver, Canada (CNN Business)The chief financial officer of Chinese tech giant Huawei has been granted a $10 million ($7.5 million USD) bail, a judge in Canada ruled Tuesday.
Meng Wanzhou faces extradition to the United States, which has accused her of helping Huawei dodge sanctions on Iran. She was arrested December 1 in Canada during a layover at Vancouver International Airport.
As a condition of her release, Meng has agreed to surrender her passports and live in one of her homes in Vancouver. She will also pay for a 24-7 security detail and wear a GPS ankle bracelet.
Tuesday's decision came three days into a hearing for Meng, who is a prominent executive at one of the world's biggest makers of smartphones and networking equipment.
Meng's attorney, David Martin, argued that she should be released on bail while she waits for an extradition hearing because of health concerns. Meng has severe hypertension, for which she was hospitalized after her arrest.
At issue in court was whether Meng posed a flight risk. Martin said she did not, since her ties to Vancouver go back 15 years and she has two homes in the area. Leaving Canada would also embarrass her personally, and would humiliate her father, Huawei and China itself, Martin said.
On Tuesday, Meng's legal team proposed that the terms of her release could include financial pledges from people in Canada who know her, such as a realtor and insurance agent. Together they pledged more than $3 million ($2.2 million USD) in home equity and cash, which they'd owe if Meng flees. Her husband also offered to put up the couple's two houses in Vancouver.
The judge agreed to those terms. Of Meng's $10 million bail, $3 million of that is pledged by her sureties. The other $7 million ($5.2 million USD) is a cash deposit from Meng.
Tuesday's decision could help ease tensions between Washington and Beijing as the two sides try to negotiate an end to their bruising trade war. Her arrest had been met with consternation from Chinese officials. The Chinese Foreign Ministry said over the weekend that it had summoned both US Ambassador to China Terry Branstad and Canadian Ambassador to China John McCallum to address Meng's detention, which it described as "lawless, reasonless and ruthless."
President Donald Trump said in an interview with Reuters on Tuesday that he would intervene in the Meng case if he thought it was "good for the country." "If I think it's good for what will be certainly the largest trade deal ever made -— which is a very important thing — what's good for national security — I would certainly intervene if I thought it was necessary," Trump told Reuters.
Meng, 46, is the daughter of Huawei's founder. In addition to her role as CFO, she serves as deputy chairperson of the company's board. Huawei said in a statement that the company has "every confidence that the Canadian and US legal systems will reach a just conclusion" in the case. The company reiterated that follows all the laws and regulations where it operates.
The United States alleges that Meng helped Huawei get around US sanctions on Iran by telling financial institutions such as HSBC that a Huawei subsidiary, Skycom, was a separate and unaffiliated company.
The US Justice Department has declined to comment on the case. Meng faces "serious charges of fraud involving millions of dollars" in the United States, according to the affidavit of a Canadian law enforcement official. She could receive substantial jail time if convicted, the statement said.
The process of approving or denying Meng's extradition is expected to take months. Meng is due back in court February 6.
As soon as they granted her bail, China, no question. If the US really wanted her, they would have made arrangements to get her immediately after her arrest. Since the US didn't arrange that, then it's safe to say this was designed to be a shot across the bow at China, nothing more. But China clearly got the message. If you are a Chinese national in the United States (or Canada), you are vulnerable.
I found it so funny that they took away her passports. That only works for people who fly commercially. Chartered private planes don't require them. And with her estimated net worth at over $100 million, it won't take anything for her line up a flight direct to Beijing.
As conditions of the bail agreement, Meng must surrender her passports, wear a GPS tracking device and be accompanied by security detail whenever she leaves her residence.
And. . . She's gone!
She will check back in about a month from now and apologize for her misdeeds to China and swear she is a model Chinese citizen. Seen it before.
The fact that this happened right as Trump was smoothing things out with Xi can only be explained by a willful desire by DoJ staffers to make it blow up in Trump's face. It looks like aside from John Bolton, no one in the cabinet even knew that the DoJ was planning a move that amounts to making foreign policy.
Make no mistake. This move by the DoJ during the trade negotiations was no less aggressive and "making foreign policy" than if the DoD decided to move an entire carrier battle group off the shore of one of China's disputed islands and fly half its aircraft in a very aggressive, simulated bombing run of the PLA forces stationed there.
and what bondsman will take that risk?
Held him without cause, why... because they can.
[($)]
... surrender her passports,"
A Chinese issued passport that will be easily replaced once she gets back to China.
"...wear a GPS tracking device..."
that can be easily disabled/spoofed by anyone with the know how. (it was probably made in China)
"...and be accompanied by security detail ..."
that will be even easier to disable/evade than the GPS tracking device by anyone who doesn't care about pissing off the Canadians.
And then it will be onto a private jet that will have filed a flight plan to San Diego but will then overshoot into Mexican airspace and disappear off RADAR never to be heard from again. Unless the plane has the range to make it back to China without a refuel in which case the flight plan will be to Anchorage, after all, someone fleeing US custody would never get on a plane going to the USA.
Any judge who didn't agree that the CEO of a multi-billion company with close ties to a foreign Government that would NOT want to end up in the USA was not a flight risk is an idiot of unparalleled magnitude, or someone has some really bad dirt on them that made it worth doing something this stupid.
https://www.zerohedge.com/news...
She has SEVEN passports that we know about (4 from China, 3 from HK), plus at least one more than listed.
Simultaneously, she's a cause celebre for the Chinese GOVERNMENT.
And so she's NOT a flight risk?
-Styopa
Bet she's glad to be oot, eh?
Canadian expat here.
Dear Americans, we love you. But please, once and for all, Canadians do not say "oot." It's more like "aout" - soft 'a' followed by a rising 'o' to 'u' vowel transition, ending in a 't' consonant. Perhaps a linguist could explain it better. But it's not "oot."
Thank you.
If it weren't for deadlines, nothing would be late.
Run Meng run!
Sanctions are actions which are taken instead of just going to war with a country
No, sanctions are taken with allies, not unilaterally. If your allies didn't agree to enforce them, you've done it wrong.
...Bombing the shit out of Iran, or sitting back and just watching them gas their own population...
That was Iraq. The US did bomb the shit out of it, and now its a hell hole.
If you don't even know which country you're talking about, I suppose there's no point in explaining how the US has spent the last 70 years or so getting it wrong in Iran every single time.
with out an passport you can't board an flight
You love us?
What the fuck is wrong with you? /stockholm syndrome
Would be to release her totally and let her fly away.
At the same time, turn on the rumour machine that she's turned into a double agent as a condition of her release.
Nothing is wrong with me. I was sincere. I just wanted to make a gentle criticism. Go ahead and tease us about the way we talk. But please get it right.
If anyone understands Americans, it's Canadians. We're besties.
If it weren't for deadlines, nothing would be late.
You haven't been keeping track of how the average Canadian feels about America since Trump and us being a national security threat. Though we do feel sympathy for the average American. For example, https://www.ctvnews.ca/canada/...
https://en.wikipedia.org/wiki/Inverted_totalitarianism
You haven't been keeping track of how the average Canadian feels about America since Trump and us being a national security threat. Though we do feel sympathy for the average American. For example, https://www.ctvnews.ca/canada/...
Fair point. Most of the world (including Canada) aren't too fond of the Trump administration. And yet the darker side of populism has made inroads elsewhere, including Canada (e.g., see Ford brothers.)
If it weren't for deadlines, nothing would be late.
Most American allies are buying Cisco instead of Huawei under US pressure. However Canada will probably be so embarrassed by this kangaroo arrest that they will allow Huawei to do business in Canada
**Life is too short to be serious**
The worst industrial disaster in history is the Bhopal disaster caused by Union Carbide, now a fully-owned subsidiary of Dow Chemical. Around 4,000 people died instantly, and ~ 500,000 people were injured. This is higher casualty than all the “chemical warfare” in the Middle East combined. After 5 years of litigation, Union Carbide paid $470 million to settle the case. UCC Chairman Warren Anderson was flown out of India immediately, and none of the UCC American owners and corporate officers have ever spent a day in jail.
The worst environmental disaster in history is the Exxon Valdez oil spill. 35,000 tons of oil was released close to the coastal habitat of salmon, otters, seals, and seabirds, covering 1,300 miles of coastline and 11,000 square miles of ocean. 22 orcas, 3,000 sea otters, a quarter million sea birds were wiped out. After 20 years of litigation, Exxon paid ~ $500 million in punitive damages. The boat captain got community service. None of the Exxon executives has ever spent a day in jail.
The worst financial disaster since the Great Depression is the Financial crisis of 2007–2008. Triggered by the subprime mortgage collapse in the US, DJI dropped from a high of ~ 14,000 to a trough of 6,600. The financial crisis spreat from the US to the rest of the world, wiped out an estimated $2.8 trillion from financial institutions, of which, about $1 trillion came from the US banks, and the rest from Europe and Asia. Most countries in the world have still not recovered to this day, but Wall Street was awarded $700 billion bailout immediately. Emergency Economic Stabilization Act of 2008 None of the Wall Street bankers has ever seen a day in jail.
It's like the typical prelude to a real war.
I doubt it. There's no existential threat or territory at stake here. War is the highest stakes possible and you don't bet the farm over what amounts to trifles.
Utterly childish bickering on a state level. About who stole whose sand mold and shovel.
You have to see this in the context of the larger disputes between China and the United States. In that context, this whole affair makes sense.
Seriously, the US needs to realize that its "bullying the world" times are over. Every act like that that they do now, is gonna make them fail faster, as it puts their inability to reign on global display every time. And after a few, everyone will know that nobody is scared anymore, and then they're done.
Relationships between nations are not the same as relationships between individuals and we should not base national strategies upon flawed understandings. Just as your kitchen table budget is not directly comparable to the national debt, so the actions and reactions of foreign relations are not the same as those in your personal life and thus cannot accurately be understood from that perspective.
I just hope that it's not China taking over. Because if you thought US capitalism was evil and crazy, you haven't seen Chinese capitalism. They out-capitalist the US in the worst way. And are also a regime, like the US. (Although not a corporate one. But a "traditional" one.)
I think that you can rest assured that the United States is still the dominant power in world affairs, both now and for the foreseeable future.
Hmm, is there a single good country left? One that openly rejects the whole totalitarian surveillance and arming and neo-nationalist insanity that seems to be common to ALL the countries... even ones that you thought were complete opposites, like China and the US and Russia and I don’t know...
Nations must be prepared for all eventualities, up to and including wars. This is not a matter of good or evil but rather one of competence and prudence. No doubt you're familiar with the saying Si vis pacem para bellum, "If you want peace, prepare for war"? Although personally I still much prefer the United States. Free speech is a very nice right to have, one that makes life worth living, and you definitely don't have that freedom in China or Russia.
RCMP didn't just arrest her on their own-- they were irequested by US DOJ to detain her. Now they are awaiting a formal request for extradition; if none comes, they'll let her go in 60 days.
I suspect there is a lot more wiggle room in the USA on acting on arrest warrants than there is in Canada.
US arrest warrants have no standing in Canada. Instead, there was a request issued to Canada per Article 11 of the treaty:
> (1) In case of urgency a Contracting Party may apply for the provisional arrest of the person sought pending the presentation of the request for extradition through the diplomatic channel. Such application shall contain a description of the person sought, an indication of intention to request the extradition of the person sought and a statement of the existence of a warrant or arrest or a judgment of conviction against that person, and such further information, if any, as would be necessary to justify the issue of a warrant of arrest had the offense been committed, or the person sought been convicted, in the territory of the requested State.
They should have "granted" her gitmo.
... program, she has an Android duct-taped to her ankle.
Google's CEO Thinks Android Users Know How Much Their Phones Are Tracking Them
It little behooves the best of us to comment on the rest of us.
Canadian expat here.
Dear Americans, we love you. But
Stop right there! America still hasn't forgiven Canada for Justin Bieber... get back in the dog house.
"That's the way to do it" - Punch
it was a hell hole before any bombs fell.
where the second largest exporter of oil in the world. where are the largest importer in the world.
This. I'd wager that it's better now than it was during the height of the Hussein regime.
If you post as Anonymous Coward, don't expect a reply.
I just hope that it's not China taking over. Because if you thought US capitalism was evil and crazy, you haven't seen Chinese capitalism. They out-capitalist the US in the worst way. And are also a regime,
If we continue on the same trajectory for long, it is inevitable China will take over as the world's most powerful country, and get to bully the world as the US has in recent generations. And you're right- unless they change, it will be far worse. China won't have to make up excuses like "WMD" or "extraditing people for pretend-breaking US sanctions", they will just do whatever the hell they want to do because they're not a democracy. They don't have to try to look good for their population- what the government says is automatically right and correct thing to do.
America has been held back from some of the worst atrocities because they've had to try and make it look like they were doing things legally.
"That's the way to do it" - Punch
Please don't feed this troll. They posted the same exact text on the article related to the Bloomberg/Super Micro hack:
https://hardware.slashdot.org/...
If you post as Anonymous Coward, don't expect a reply.
I think that you can rest assured that the United States is still the dominant power in world affairs, both now and for the foreseeable future.
It's not as clear cut as it was 4 years ago though. When people outside the US refer to the leader of the free world now they're talking about Merkel, not the President of the US. US has lost it's leadership role in the US, it has pushed it's allies aside and now many of America's former allies view the US with distrust and even as a rival rather than a reliable friend.
The world has changed very much from how it was 1945 up until a few years ago. The US stands more alone than before and although the single biggest player for world-affairs, by itself, it can't dominate the world without support from other countries like it used to.
"That's the way to do it" - Punch
That's because Canada not only respects the Rule of Law, they respect treaties.
Unlike some countries ...
-- Tigger warning: This post may contain tiggers! --
Canadian expat here.
Dear Americans, we love you. But please, once and for all, Canadians do not say "oot."
Yeah, you do. You really do. The extent to which the pronunciation of "out" approaches "oot" is regional in Canada. It's considerably closer in people from Winnipeg than it is from people in Calgary, for example. At least among the Canadians I've known. Canadian expats who have the regional accent are quite good at suppressing it, but when you get excited or otherwise start talking fast, it comes out, and suddenly you're saying "aboot" and "oot".
We must always remember that Canada is Really Big.