Huawei CFO Meng Wanzhou freed on bail, leaves courthouse

A top executive of China's Huawei on Tuesday (December 11) evening left the courtroom after being released on bail by a Canadian court while she awaits a hearing for extradition to the United States, a move that could help placate Chinese officials angered by her arrest.

Meng Wanzhou, 46, Huawei's chief financial officer and the daughter of its founder, faces US accusations that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating US sanctions.

Justice William Ehrcke at a court hearing in Vancouver, British Columbia, on Tuesday granted bail to Meng, subject to a guarantee of C$10 million ($7.5 million) and other conditions.

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China had threatened severe consequences unless Canada released Meng immediately.

Meng was detained as part of a USinvestigation on December 1 as she was changing planes in Vancouver.