The chief financial officer of China-based global tech giant Huawei Technologies was arrested in Vancouver this week.
"Recently, our corporate CFO, Ms. Meng Wanzhou, was provisionally detained by the Canadian Authorities on behalf of the United States of America, which seeks the extradition of Ms. Meng Wanzhou to face unspecified charges in the Eastern District of NY, when she was transferring flights in Canada", an official Huawei statement said.
McLeod said a publication ban had been imposed in the case and he could not provide further details. "The ban was sought by Ms. Meng", McLeod said.
Meng is also deputy chairman of the board and the daughter of company founder Ren Zhengfei. She was detained while transferring between flights, the firm said.
In a statement, Huawei says Meng is being sought for extradition to face unspecified charges in the Eastern District of NY.
"The company believes the Canadian and US legal systems will ultimately reach a just conclusion".
The Globe and Mail reported earlier Wednesday that she was arrested on suspicion of violating US trade sanctions on Iran. She is reportedly sought by the USA for breaking trade embargo with Iran.
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Huawei is one of the world's largest telecommunications equipment and services providers.
Wanzhou Meng was arrested in Vancouver on Saturday, it emerged on Wednesday night.
Since at least 2016, US authorities have been reviewing Huawei's alleged shipping of USA -origin products to Iran and other countries in violation of US export and sanctions laws.
The Wall Street Journal reported the United States government was trying to persuade companies in allied countries to avoid Huawei. "The company believes the Canadian and US legal system will ultimately reach a just conclusion".
BT is also removing Huawei equipment from the core of its existing 3G and 4G networks, the BBC reported.
The country has already been warned by United States senators against the use of Huawei in its telecommunications networks.
Both the United States and Australia have banned the company from participating in the construction of the 5G network because of security concerns, and Washington has been increasing pressure on Canada, Britain and New Zealand to join suit.