Huawei CFO Granted Bail, Must Post C$10MM Bond And Submit To 24-7 Surveillance | WHAT REALLY HAPPENED


Huawei CFO Granted Bail, Must Post C$10MM Bond And Submit To 24-7 Surveillance

After three days and a lengthy recap of both the government's case for holding Meng Wanzhou and her defense attorney's case for offering her a surety bond, British Columbia Supreme Court Justice Ehrcke has ruled that he is satisfied with the terms Meng’s lawyer is proposing for her bail. The Huawei CFO will be released from custody and live at her Vancouver home under round-the-clock in-person surveillance, and she will also wear an electronic ankle monitor while she awaits extradition hearings. Meng must also surrender her passport. Meng must also cover all the costs of her surveillance, carry paperwork detailing the terms of her bail at all times, and submit to checks from the RCMP. She will also be subject to a curfew.

The financial terms of her bail were steep: They required at least five people to post $3 million in collateral and a $7 million cash deposit. Meng's next court date has been set for Feb. 6.

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