A bail hearing is underway for Huawei chief financial officer Meng Wanzhou.

Meng faces the possibility of extradition to the U.S. after she was arrested at the Vancouver International Airport on Saturday while connecting flights.

A judge heard that Meng posed a flight risk, as she had no meaningful connection to the jurisdiction and access to vast resources.

The judge also heard that Meng lives in China, a country that does not have an extradition treaty with the U.S. and Canada.

Meng is charged with conspiracy to defraud multiple financial institutions, the court heard.

Allegations outlined during the hearing said the Chinese telecommunication giant used an unofficial subsidiary, Skycom, to conduct business in Iran in contravention of U.S. sanctions.

Crown says she deceived financial institutions by saying Skycom and Huawei were separate when they were not.

None of the allegations have been proven in court.