The News understands that an arrest was made at or near Vancouver Airport on Saturday. "She is sought for extradition by the United States, and a bail hearing has been set for Friday".
McLeod said a publication ban had been imposed in the case and he could not provide further details. Meng...to face unspecified charges in the Eastern District of NY, when she was transferring flights in Canada.
Meng's arrest, which was first reported by the Globe and Mail, comes less than two months after USA lawmakers sent Prime Minister Justin Trudeau a letter urging Canada to ban Huawei's equipment from Canadian wireless networks. "The company believes the Canadian and United States legal systems will ultimately reach a just conclusion", it said.
Wanzhou Meng, Huawei's chief financial officer, was arrested in Vancouver, British Columbia, Canada today.
China's Huawei-the world's largest supplier of wireless networking equipment-has played a starring role in the brewing trade war between the United States and China.
Despite being completely locked out of the US, Huawei surpassed Apple earlier this year to become the number two smartphone maker in the world - only behind Samsung.
In 2017, the company had C$123.79 billion in revenue, ranking the 72nd on the Fortune Global 500.
The plans included building a cloud computing centre, and sourcing more products and services locally.
USA telecommunications firms fear that partnering with Huawei by allowing it to sell their smartphones would anger the federal government and jeopardize future contracts.
Huawei was founded by Ren Zhengfei, a former member of China's People's Liberation Army, and has been consistently met with suspicion in the West. Huawei has denied the links.
U.S. national security officials have said Huawei poses a security risk due to its alleged close links to the Chinese government.
The Wall Street Journal reported in April that the Justice Department had launched a criminal probe into Huawei's dealings in Iran, following administrative subpoenas on sanctions-related issues from both the Commerce Department and the Treasury Department's Office of Foreign Assets Control.
The U.S.is anxious about the extent to which Chinese-made equipment is used in the telecommunications sectors of countries that host American military bases.
The country has already been warned by U.S. senators against the use of Huawei in its telecommunications networks.