Why Did Canada Arrest The CFO of Chinese Tech Giant Huawei? – Samsung Surrendered Its Chip IP Right To US Companies In Order To Survive | WHAT REALLY HAPPENED

Why Did Canada Arrest The CFO of Chinese Tech Giant Huawei? – Samsung Surrendered Its Chip IP Right To US Companies In Order To Survive

Why did Canada arrest the CFO of Chinese tech giant Huawei?

Janus Dongye, Researcher at University of Cambridge

The detailed reason for this arrest has been revealed. Huawei CFO Wanzhou Meng is suspected of conspiracy to defraud multiple financial US institutions. The US Judiciary found that there was a company called Skycom that traded with Iran during 2011–2014 and Huawei was suspected to control the company Skycom at that time.

So the accusation is about the old Iran sanctions 7 years ago. And you might wonder why someone brought this up at this particular time.

There is something else that you need to know to understand this incident.

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