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Huawei exec faces fraud charges in US: Canada bail hearing

AFP  |  Vancouver 

Chinese Huawei's chief financial officer, arrested in Canada, faces US fraud charges for allegedly lying to banks about the use of a to sell to in breach of sanctions, a hearing heard Friday.

is accused of "conspiracy to defraud multiple financial institutions" and if convicted faces more than 30 years in prison, a said, in asking the court to deny her request.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, December 08 2018. 02:50 IST