Canada's Justice Department said Friday it will allow an extradition hearing against Huawei Technologies Co. executive Meng Wanzhou.

"The decision follows a thorough and diligent review of the evidence in this case" targeting Huawei's chief financial officer and daughter of company founder Ren Zhengfei, the department said in a statement.

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"The department is satisfied that the requirements set out by the Extradition Act for the issuance of an authority to proceed have been met and there is sufficient evidence to be put before an extradition judge for decision," it added.

On Dec. 1, Meng was arrested in Vancouver by Canadian authorities at the request of the United States on banking fraud charges linked to an alleged breach of U.S. sanctions against Iran, drawing flak from China. She was released on bail later that month and remains under house arrest in Vancouver.

Meng's defense team voiced disappointment at the decision to move forward with an extradition hearing.

"We are disappointed that the minister of justice has decided to issue an authority to proceed in the face of the political nature of the U.S. charges and where the president of the United States has repeatedly stated that he would interfere in Ms. Meng's case if he thought it would assist the U.S negotiations with China over a trade deal," it said.