12/7/2018, 8:10 AM (Source:
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Huawei appoints chairman as acting CFO - sources

Huawei Technologies decided to appoint its Chairman Liang Hua as acting chief financial officer following the arrest of CFO Meng Wanzhou, CNBC reported citing sources familiar with the matter.

Meng, who is the daughter of Huawei founder Ren Zhengfei, was arrested in Canada earlier this month and is being sought for extradition by the United States, reportedly over allegations she violated the US sanctions against Iran.

In response to the incident, China's Foreign Ministry asked Ottawa to release the Meng and requested from Washington to make the charges against her public. Canadian Prime Minister Justin Trudeau stated he was informed about the planned arrest in advance but insisted his government played no part in Meng's detention.

Breaking the News / NP