Calif. woman denies aiding Pakistan nuke project [View All]

Source: Associated Press via Forbes

By DOUGLAS BIRCH , 07.12.11, 06:27 PM EDT

WASHINGTON -- A wealthy California businesswoman is rebutting charges she led a scheme to evade U.S. export laws to provide high-tech paint for construction of a Pakistani nuclear plant.

Lawyers for Xun Wang, a 51-year-old entrepreneur, argued during a detention hearing Tuesday that her offense was "technical" in nature and not serious enough for her to be held without bond.

Federal prosecutors argued that Wang, a Chinese citizen who lives with her family in Hillsborough, Calif., was an extreme flight risk and should be denied bail. She has been charged with four felony counts.

A federal magistrate was expected to rule on her detention late Tuesday ...

Read more: http://www.forbes.com/feeds/ap/2011/07/12/general-us-pakistan-nuclear-plant_8561687.html