Meng Wanzhou, Chinese technology hardware firm Huawei’s Chief Financial Officer who was arrested in Canada on an international warrant has been granted bail by a Canadian Court. The judge hearing her bail plea in Vancouver, Canada set her bail at CAD $10 million.
After being released on bail, Meng will be under continuous surveillance and has to wear an electronic ankle tag. She had to also furnish five guarantors who will ensure she does not flee Canada after being released on bail. The bail is also conditional in that $7 million of the bail payment must be made in cash.
Meng must also report to a bail supervisor, maintain good behaviour, live at a house owned by her husband, Liu Xiaozong, and stay in that house between the hours of 11 p.m. and 6 a.m. She is also not allowed to leave the Canadian province of British Columbia where she was arrested. She has also been asked to surrender her passport to Canadian authorities.
The judge while granting bail to Meng said, "the risk of her non-attendance in court can be reduced to an acceptable level" under the bail conditions.
Meng’s release on bail is just a temporary relief as she is still pending extradition to the U.S. who has charged her with violating sanctions related to Iran. She was arrested on a provisional warrant issued by U.S officials. U.S. authorities have 60 days to make an extradition request but as of Tuesday, have yet to do so.
However, the extradition process could take months. Meng is scheduled to appear in court again on February 6 to set a date for those proceedings.
Meanwhile, US President Donald Trump told Reuters news agency that he could intervene in the US Justice Department's case against Meng in order to avoid further deterioration in relations with China.