The Huawei executive whose arrest in Canada has touched off a political storm between the US and China is facing a third day in court, after her lawyers failed to secure bail for her on Monday.
Meng Wanzhou, chief financial officer of the telecoms equipment maker and daughter of the company’s founder, was arrested while changing planes in Vancouver on December 1. David Martin, her lawyer, said on Monday that she intends to fight an extradition request from the US, but if that fails she would try to “clear her name”.
She has been charged in New York with misleading banks about Huawei’s connections with a company suspected of breaching US sanctions on exports to Iran. Each fraud count carries a maximum penalty of 30 years in prison.
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