Huawei’s CFO is granted bail by Canadian court but will be closely monitored

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Meng Wanzhou, one of Huawei’s top executives and the eldest daughter of the company’s founder/CEO, will be released on bail and kept under tight monitoring over bank fraud allegations, a Canadian court ruled today. The Star Vancouver reported the decision Tuesday, which comes after a growing wave of Chinese nationalist sentiment brought protesters out to demand Meng’s release and even led Vancouver residents offer up their homes to prove Meng wouldn’t be a flight risk.

As part of the deal, Meng must remain in British Columbia, provide a supervisor with telephone numbers, live at a $5.6 million home that was selected as her residence, and stay indoors from 11PM to 6AM every day. She’ll have to surrender her passports and be under the…

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source https://www.theverge.com/2018/12/11/18134938/huawei-cfo-meng-wanzhou-bail-house-arrest-us-china

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