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2018-12-11 Great White North

"Home equity" in multimillion$ Canadian mansions offered in bail negotiations

[StraitsTimes] VANCOUVER - Police in the Canadian city of Vancouver are investigating an early morning break-in on Sunday (Dec 9) at the home of Huawei chief financial officer Meng Wanzhou, who was arrested on US fraud allegations over a week ago.

Ms Meng's husband, Mr Liu Xiaozong, is listed as the owner of the house. In an affidavit read by her lawyer in court last Friday, Ms Meng said she and her husband bought the six-bedroom house in 2009.

In 2016, they bought a second property, a brick-and-glass mansion set in a 21,000 sq ft lot assessed at C$16.3 million. Purchased with mortgages from HSBC, she has offered to post the family's equity in both as part of her bail, reported Bloomberg.

Posted by Anguper Hupomosing9418 2018-12-11 00:00|| || Front Page|| [12 views ] Top
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