Bail hearing for Huawei CFO continues for third day in Vancouver court
VANCOUVER — The lawyer for a top executive at Chinese tech giant Huawei says his team worked through the night to make changes to its bail plan for Meng Wanzhou to help satisfy concerns that have been raised about her release.
David Martin said Tuesday they contacted four potential sources to offer sureties for Huawei’s chief financial officer and prepared affidavits after the judge and a federal prosecutor questioned whether Meng’s husband would be a suitable “jailer” to ensure she complies with any bail conditions.
Martin said the proposed sureties have pledged more than $3 million based on the value of their homes and $50,000 in cash from retirement savings in one case by a woman he says brought a certified cheque to court, knows the couple well and has vacationed in Alaska with Meng’s in-laws.
Martin said one person who is offering a financial guarantee is a realtor who met Meng in 2009 and sold two properties to the couple. The man has pledged his home, valued at $1.8 million, and Martin said he understands he would lose it if Meng violated release conditions.