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Canadian Judge Grants Huawei CFO $7.5 Million Bail as U.S. Seeks Extradition

December 11, 2018 11:38 PM
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Huawei Technologies Co. Chief Financial Officer Meng Wanzhou was granted bail by a Canadian court, allowing the executive to stay in her Vancouver home as she awaits a possible extradition to the U.S. over fraud charges.

Justice William Ehrcke of the British Columbia Supreme Court agreed to release Meng after four former colleagues and friends joined her husband in pledging a combined C$10 million ($7.5 million) in cash and home equity to support her bail request. By agreeing to act as “sureties,” the five people co...

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