CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Huawei lawyers sue Canada over CFO December arrest

Lawyers of Huawei chief financial officer Meng Wanzhou are suing the Canadian government, its border agency and federal police following the CFO’s arrest in December last year.

Huawei lawyers allege Meng was detained, searched and interrogated for three hours in violation of her constitutional rights.

It comes after Canada arrested Meng in Vancouver on December 1 at the request of the US, which had brought charges against her and Huawei Technologies.

Meng was charged with bank and wire fraud to violate American sanctions against Iran, which made the US see the company as a threat to national security.

Civil lawsuit

Meng's lawyers said in a civil lawsuit filed on Friday, that the way in which officers obtained evidence and information from Meng violated the Canadian Charter of Rights and Freedoms.

The lawsuit added that Canadian Border Services officers unlawfully subjected Meng to detention, search and interrogation to obtain evidence from her before her arrest. The Royal Canadian Mounted Police had exercised its arrest warrant three hours after Meng's detention at the airport.

The lawsuit said. "The CBSA Officers knew or were recklessly indifferent to the fact that they had no authority to conduct such a search, which search was performed under the false pretense of a routine customs or immigration related examination," according to the lawsuit.

Meng out on bail

Canada's justice ministry said it did not comment on matters before the courts.

Since her arrest, Meng was released on bail and due to appear in a Vancouver court on Wednesday, when a date will be set for her extradition hearing.

The lawsuit further alleged that officers unlawfully opened and viewed contents of Meng's seized devices in violation of her rights, after the CFO was ordered to surrender all her electronic devices, computers and passwords.

The Canadian government approved her extradition proceedings on Friday.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

See an opportunity to trade?

Go long or short on more than 17,000 markets with IG.

Trade CFDs on our award-winning platform, with low spreads on indices, shares, commodities and more.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
Sell
Buy
Updated
Change
-
-
-
-
China 300
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Prices above are subject to our website terms and agreements. Prices are indicative only

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Monday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.