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Grand Prospect International received Rs1,487 crore in its bank accounts, transferred Rs1,200 crore to Vivo India: ED

The Enforcement Directorate (ED) on Tuesday contended that since its inception of Grand Prospect International Communication Pvt Ltd (GPICPL) by Chinese nationals on falsified documents, it received Rs 1,487 crore in its bank accounts and out of this, Rs 1,200 crore were transferred to Chinese mobile phone maker Vivo India Pvt Ltd s bank accounts.

Enforcement Directorate nabs 4, including Lava International MD in connection with PMLA case

Enforcement Directorate nabs 4, including Lava International MD in connection with PMLA case
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Will exercise all available legal options: Vivo after arrest of its 3 executives by ED

Hours after the Enforcement Directorate (ED) arrested four people, with three executives of the phone maker including a Chinese national and the MD of Lava International in connection with its probe into an alleged money laundering case, .

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