▲ Up
 akipress
03:58 23-01-2019
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
akipress
Arrest of Huawei 'heiress' throws rare spotlight on family
World | society | 17:51, 06 December 2018 | 955

AKIPRESS.COM - Like many top Chinese executives, Meng Wanzhou is a mysterious figure even in her home country, but the 46-year-old chief financial officer of Huawei Technologies had been widely tipped to one day take the helm of the tech giant her father founded.

That was until her shock arrest in Canada at the request of U.S. authorities on Wednesday, a move that has entangled her in the protracted diplomatic tensions between Washington and Beijing. Her fate is now uncertain, Reuters reports.

A source familiar with the matter told Reuters the arrest stems from Huawei Technologies Co Ltd’s [HWT.UL] alleged violation of U.S. sanctions on Iran. Similar allegations of breaching U.S. export restrictions led to rival Chinese telecoms equipment maker ZTE Corp being hit with a devastating ban and heavy fines this year.

Huawei said in a statement that it had been provided with little information “about the charges” against Meng, who is also one of the vice chairs of its board and the daughter of founder Ren Zhengfei from his first marriage. Huawei added that it was “not aware of any wrongdoing by Ms. Meng”.

The detention of Meng, who takes her family name from her mother and has also used the English first names “Cathy” and “Sabrina”, has once again thrown the spotlight on Huawei at a time of heightened global concerns over electronic security.

Much of the scrutiny stems from Ren’s background with China’s People’s Liberation Army (PLA), where he worked as a civilian engineer for nearly a decade until his departure in 1983, after helping to build its communications network.

Officials in some governments, particularly the United States, have voiced concern that his company is close to the Chinese military and government. Huawei has repeatedly insisted Beijing has no influence over it.

LATEST NEWS
17:45 German company interested in tourism cooperation with Tashkent17:40 China allocated $120 million for construction of cement plant in Kemin: MP17:22 Mongolia's international reserves rise to $3.5 bn in 201817:11 Interdepartmental working commission to examine discrepancies in new Codes17:03 MP suggests assessment of PM’s work after consideration of annual work report16:52 In pictures: Naryn beauties in national clothes16:47 Ronaldo accepts €18.8m deal over tax evasion16:35 Uzbekistan to hold talks in US concerning lift of boycott of its textile products16:27 At least 91 people killed, dozens injured in Mexico gasoline pipeline explosion16:24 Kazakhstan to continue evacuation of its citizens from Syria16:16 President Jeenbekov, National Security Committee Chief discuss ongoing fight against corruption16:15 Zimbabwe president Mnangagwa skips Davos over protests16:10 Group of lawmakers propose to allow Kyrgyz migrants with foreign citizenship to own land in country16:01 MP encourages government to remain principled in fine sizes15:40 Asian Cup 2019: Kyrgyzstani referee comments on match against UAE15:34 Lawmaker suggests sanctions for poor preparation of new Codes15:17 Tajikistan will not receive second $20mln tranche from Eurasian Fund for Stabilization and Development15:15 Parliamentarians outraged by absence of Prime Minister, Prosecutor General at meeting of committees considering new Codes15:04 AFC Asian Cup 2019: Australia beats Uzbekistan15:00 Chinese hospital in Osh is completed by 99%: State Construction Committee
© AKIpress News Agency - 2001-2019. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06