The chief financial officer of China's global telecommunications equipment giant Huawei has been arrested in Canada and faces extradition to the United States, the ministry of justice said Friday.
Meng Wanzhou "was arrested in Vancouver on December 1," a statement said.
"She is sought for extradition by the United States, and a bail hearing has been set for Friday."
The ministry added it could not provide further details due to a publication ban that was sought by Meng.
But the Globe and Mail newspaper reported she is facing extradition to the United States on suspicion of violating US sanctions against Iran.
News that makes sense
Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.
Sources previously told Reuters that US authorities had been investigating Huawei for allegedly shipping products to Iran in breach of US sanctions.
