Huawei Judge Debates Apt Bail for Chinese Billionaire's Daughter

  • Defense offered CFO’s husband as guarantor, $11 million bail
  • U.S. wants bail denied to Meng; judge adjourns case to Tuesday
The bail hearing for Huawei CFO Meng has wrapped up for the day in Canada. Bloomberg’s Natalie Obiko Pearson reports.(Source: Bloomberg)
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A Canadian judge said Monday he wasn’t satisfied with a bail proposal from the lawyers for jailed Huawei Technologies Co. Chief Financial Officer Meng Wanzhou, who faces a U.S. extradition request.

Justice William Ehrcke of the British Columbia Supreme Court voiced doubts that Meng’s husband, Liu Xiaozong, could act as her "surety" -- that is, a type of guarantor or “community jailer" who would be responsible for ensuring she meets bail terms and who would lose a proposed C$15 million in cash and properties if she were to violate conditions.