American prosecutors will ask an appeals court to release Huawei executive Meng Wanzhou on bail, after U.S. District Judge William Alsup rejected her motion for release on bail earlier Thursday.
Meng, who had been detained in Vancouver since December, asked Alsup on Tuesday to release her on $10 million in collateral, but Alsup said Thursday that the bail wasn’t high enough, and that she was too important to her company to be able to be freed.
“She is an officer of the Communist Party. She has an executive order from the Chinese Communist Party, so she’s a Communist Party official. I have a lot of trust in her ability to comply with the conditions of her bail,” Alsup said.
Meng, who is 46 and has three young children, is facing allegations that she violated U.S. sanctions against Iran. Alsup said she could face 30 years in prison if convicted.
Meng is the daughter of Huawei’s founder, Ren Zhengfei. The company has riled the United States government and national security officials who are accusing Huawei of using a subsidiary called Skycom to provide telecommunications infrastructure to Iran without a license.